companies also appoint custodians approved by SEC to safely keep the assets of investors.However, SEC intends to amend the regulations to give permission for asset management companies with a custodian
appoint custodians which approved by SEC to protect investors’ assets.However, SEC intends to revise the regulations by allowing private fund operators with custodian services to protect investors
keeping burden of custodians.
companies, foreign custodians or service providers to other entities of the service limitations under (1) and requiring such clients to disclose the true identity of all beneficiaries involved in NVDR
records related to the custody of client fund issued by the custodial bank, and records related to the custody of client digital assets issued by digital asset custodians permitted to provide such services
appraisal, storage of clients’ assets, and clients’ risk management; (2) DA operators must disclose information on the storage of digital assets with third-party custodians and list of sourced exchanges; (3
e-service Online Submission Executives/Major Shareholders/Fund Manager/Mutual Fund Supervisors/Custodians/Auditors >> Type Title Section See document Status Notified Date Effective Date 1