The SEC has improved the procedure for handling complaints from investors and the general public to ensure better service quality. The new procedure includes three phases of clearer status updates to

remediation plan to prevent recurrence of similar incidents. In any case, the detected deficiencies will be considered in detail when the SEC reviews KPMG’s audit quality control system

trainings, support for tool development in order to uplift the overall audit quality”._________________________

diverse nature of the PF business, and maintain standards and quality of the business for the best interest of clients. The SEC conducted an initial hearing on the principles for amending the PF rules in

business providers, for the investors to receive quality service up to standard.Furthermore, the regulations would stipulate certain requirements from business providers which are that they must have

to provide investors with quality and standard services from business operators.The regulations will require business operators to provide personnel, communication system, customer service system

to investors.The proposed revision aims to improve the quality and readability of the disclosed information via fund prospectus and fact sheet, and to ensure that investors will have necessary and

profit units. If back office functions are carried out with quality, the company will be less likely to expose to risks and become more receptive among shareholders and the authority. In addition, the

-determined investment scope, and receiving more protection from better quality standard services.The proposed rules are expected to take effect in early 2017. The consultation paper is available at

the transaction will be beneficial to GOLD. The SEC, however, had an observation on appropriateness of asset valuation, weighted quality score method adopted, selection of comparable assets as well as