handling cyber threats. The activities include stakeholder training, cybersecurity planning and cyber drills. The whole process is expected to help the involving parties lay out their own appropriate and

supervision of major shareholder reflects the actual controlling person, and is seeking public comments from stakeholders to gather and take into consideration the comments for the appropriate revision of

appropriate amount of paid-up registered capital by taking into account the nature of business and associated risks can lighten the burdens of intermediaries, especially small-sized securities companies or

rights in order to protect their interests. They should also study relevant information and ask questions to help them decide who is appropriate to be appointed as directors to avoid a deadlock in the

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

must be under appropriate supervision.SEC is revising the regulations regarding supervision of outsourced companies, no matter how many outsourced companies are involved in an operation, for them to

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

on clients? behalf.In support of the proposed amendments, the SEC has prescribed other relevant rules to ensure appropriate protection of investors? interest.  The consultation paper is available at

prohibition, however, will not apply if excess holding is not resulted from making additional investment, providing that asset management company must arrange to have appropriate measure to prevent other