Independence Rating Methodology 独立性评分方法论

Objective Scoring Criteria 客观评分标准

Our Independence Rating evaluates licensed corporate trustees based on three primary verifiable metrics: Ownership Structure, Affiliations, and Third-Party Referral Models. 我们的独立性评分基于三个主要的可验证指标来评估持牌法人受托机构：所有权结构、关联关系和第三方转介模式。

1. Ownership & Affiliation (40%) 1. 所有权与关联关系 (40%)

• Independent Entity: The trustee is not owned by or subsidiary to a bank, insurance company, or large financial institution. (Scores higher) 独立实体： 受托机构不属于银行、保险公司或大型金融机构，且不是其子公司。（得分较高）
• Bank/Financial Affiliated: The trustee is part of a larger banking or financial group, which may pose a conflict of interest when choosing investment products. (Scores lower) 银行/金融附属： 受托机构属于较大型的银行或金融集团，在选择投资产品时可能存在利益冲突。（得分较低）

2. Product Neutrality (40%) 2. 产品中立性 (40%)

• Open Architecture: The trustee allows the client to utilize any bank, investment manager, or financial product without restriction. (Scores higher) 开放架构： 受托机构允许客户不受限制地使用任何银行、投资经理或金融产品。（得分较高）
• Closed/Proprietary Systems: The trustee mandates or heavily incentivizes the use of in-house funds or affiliated bank accounts. (Scores lower) 封闭/专有系统： 受托机构强制或大力鼓励使用内部基金或附属银行账户。（得分较低）

3. Referral & Remuneration Transparency (20%) 3. 转介与薪酬透明度 (20%)

• Transparent Fee Structure: Clear declaration of administration fees without hidden third-party commissions. (Scores higher) 透明的收费结构： 明确声明管理费，无隐性的第三方佣金。（得分较高）
• Commission Driven: Substantial portion of revenue relies on third-party product kickbacks. (Scores lower) 佣金驱动： 大部分收入依赖于第三方产品回扣。（得分较低）

Disclaimer: Ratings are based on publicly available data, SSM records, and industry structure analysis. They serve as an educational guide, not financial advice. 免责声明：评分基于公开数据、马来西亚公司委员会(SSM)记录及行业结构分析得出。它们仅作为教育指南，不构成财务建议。