business.? The objectives of the rule-amendment are to promote flexibility and prevent conflict of interest. The proposal has undergone series of discussions with various stakeholders including securities
asset management companies to offer more diversified, complex types of mutual funds similar to those sold in foreign markets, and to introduce investors to more investment opportunities through various
most recently, the Growth and Emerging Market Steering Committee. The SEC has placed importance and played active roles in various IOSCO projects and implementing the IOSCO principles and standards. The
needs and getting to know various financial products. Also, information to share with the visitors includes how to plan asset allocation with risk diversification; properly select securities companies
, and that a general advice is given regardless of the specific characteristic of an individual, therefore, prior to adopt an advice, the customer should consider the suitability with the purpose of
shares with voting right; (15) a foreign investor of the same characteristic as that of the investor under (1) to (14) mutatis mutandis; “retail client” means a client other than an institutional client
exceeding seventy-five per cent of the shares with voting right; (15) a foreign investor of the same characteristic as that of the investor under (1) to (14) mutatis mutandis; “retail client” means a client
Agreement; (3) to contact, seek permission and waiver in relation to various documents and evidences from any relevant government agencies or relevant authorities, e.g. government of the Republic of Maldives
foreign investor of the same characteristic as that of the investor under (1) to (14) mutatis mutandis ; “retail client” means a client other than an institutional client; “inside information” means the