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
appropriate and sufficient personnel, communication system, customer service system, and internal supervision system, and these systems must be compatible with the additional technology apart from the
, and appropriate internal supervision system. Moreover, the systems must be compatible with the additional technology apart from the regulations in standard criteria for conducting business. The
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
reading, and (3) promoting the use of an interactive channel, if appropriate, such as app-based information service to better suit investors? digital lifestyles.The consultation paper is available at
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
. The SEC, therefore, urges the shareholders to study relevant information carefully and seek clarifications from the IFEC management before exercising their voting right to ensure that appropriate
appropriate to ensure the companies? long-term sustainable value creation.As the CG Code is in effect, the SEC is proposing amendment to the principles and relevant rules on information disclosure through the