The SEC has considered revising the regulatory framework for mutual funds to facilitate faster sale and redemption of Tokenized Fund units, as well as amending other related regulations to
performance must also be easy to understand and appropriately reflect the accuracy of the information;(2) Increasing flexibility in reporting financial statements of private funds by allowing reporting
At present, customer service processes of business operators already include KYC and CDD procedures to verify customer identity and profile prior to the provision of services. However, in light of
types of securities business license, namely (1) Type E Securities Business License* for equity instruments, and (2) Private Fund Management License. The proposed amendment aims to increase choices of
investment in shares of limited companies, these can be offered for sale to more than 50 investors only if the offeror must put in place the following mechanism for protection of shareholder’s rights: (a
The provisions proposed to be added are as follows: (1) Provision that will require the association to operate its affairs in accordance with the rules prescribed by SEC Board. If