such services. The newly established company must apply for a license within one year from the effective date of the amended ministerial regulations. The consultation paper is available at: https
requirements other than those governing plain vanilla bonds. For example, all types of offerings must submit an application for approval, obtain a credit rating, disclose additional information other than plain
minor shall obtain a consent from the rightful representative before executing any legal acts and any acts executed by a minor without such consent shall be voidable unless regulated otherwise, etc
that investors can have information for decision-making. At the same time, STARK was also instructed to extend the scope of its special audit to cover a number of material issues and clarify related
representative to obtain complete information before making an informed decision at the bondholders’ e-meeting. ______________________
minimum number of businesses and the nature of the businesses for which the auditors perform audit work and affix signature on the auditor’s report from at least three businesses to at least two
by requiring the auditors to obtain prior approval from SEC. In addition, the auditors must be associated with the audit firms recognized by SEC. The auditors, however, shall not be director, manager
allowed to contact and give investment advice to clients. The SEC has emphasized to all intermediaries to strictly instruct their investment consultants to obtain and compile sufficient information for
assets. Under the royal decree, they must obtain licenses to operate digital asset businesses from Ministry of Finance. SEC has a duty to standardize business practices to ensure that operators are well
providers must obtain approval from SEC, have a system in rendering the integrated service and provide services in accordance with the required standards;3. The wealth advice service providers must