bond maturity date. The bond interest rate shall be increased from 6.25 percent per year to 6.50 percent per year for the period in which the revised collateral coverage ratios apply (from 15 April 2025

investors. This is because institutional investors have the capacity to take care of themselves. However, the definitions of “institutional investor”* have been revised in accordance with the resolution of

channels such as through publication on the websites. Information in the summary portion of the fund/trust shall be revised to make it concise and easy to understand. A summary of cash flow which the

of income earned from rental fees in the fiat currency**.SEC has revised the following regulations to issue the real estate-backed ICO with a proper mechanism to protect investors’ rights.1. Appoint

abolished or revised to lessen burden on people. By doing so, methods used must be done with speed, transparency, low costs with participation of all related parties.

capital requirements are also stipulated in the proposed amendments.SEC is now seeking public comments on the revised draft notification on the maintenance of capital which has been refined in certain

opinion on the improvement of the regulations in order that the revised regulations will be appropriate for actual use.  In addition, SEC will coordinate with business operators to expand the investor

revised in the following conclusions:(1) “Digital asset advisers” and “digital asset fund managers” will be announced as the additional businesses. These businesses are categorized into two types

obstacles to living or occupations will be abolished or revised to lessen burden on people. By doing so, methods used must be done with speed, transparency, low costs with participation from all related

as parent companies.Therefore, SEC has revised such regulations and guidelines for the investment management business operators to administer their investment with the best interests for the