such rectification by allowing the financial statements to remain false, incorrect or inconsistent with the facts, they may be liable to commission of offenses under Section 312 of the Act. In any case
proposal to better manage business risks.The draft operational procedures rules for intermediaries which fail to meet the ongoing capital requirement are also under this public hearing.The consultation paper
Market Business Personnel dated 3 June 2014, and the prohibited characteristics of the capital market business personnel in Group 3 under Clause 31(1) of the said Act.Since the approval period for
under the concept of regulatory reform that SEC had used to revise multiple regulations.However, in regards of the draft regulations, SEC also held a meeting with relevant sectors, accumulated concerns
Under SEC’s proposed disclosure requirements, funds that invest in leasehold rights of real estates or in future revenue sharing contracts of infrastructure projects (leasehold funds) are required
, or business operators under the supervision of SEC, to have awareness of operating business with good governance, social and environmental responsibilities and respect for human rights. The priority
necessary information for investment decisions. Besides, the related business operators may not be under the SEC's supervision, and the digital tokens may not be supported by any secondary market and lack
company, (2) Be under the supervision of high-level management, (3) Have knowledge, ability and readiness to undertake the duty, and (4) Execute the duty by taking into consideration the benefits of
Act.Meanwhile, the SEC was notified by a group of IFEC shareholders who together hold more than 10 percent of the total shares sold that they wished to exercise their rights under Section 100 of the Public