Earlier, the SEC conducted a public hearing on the principles for revising the rules on the maintenance of net capital adequacy for business operators in the part related to the use of subordinated debt in sustaining the net capital**. Moreover, the proposed amendment included a review of the risk haircut rates used in calculating the net capital adequacy in alignment with the current conditions, covering the risks of various financial instruments and revision to the definition of special...
existing regulations regarding the qualifications of bondholders’ representatives, which have been in place since 2009 amid the changing circumstances. The SEC is therefore conducting the public
-related tokens as eligible assets. Subsequently, the SEC Board Meeting No. 1/2567 approved the proposed regulations regarding the offering of sustainability-related tokens to be on par with the regulations
Currently, the SEC regulates three types of bills, namely: 1) bills that are considered as securities, 2) bills that are considered as securities but under the exemption of regulations regarding
During 22 March – 25 April 2024, the SEC conducted a public hearing on the proposed principles for amending the qualifications of bondholders’ representatives. Most respondents agreed with the proposed amendments. The SEC has therefore drafted the regulations and is now conducting this public hearing on the draft regulations , with the key points as summarized below: (1) To entitle, in case of securities companies, those who operate in the securities brokerage, dealing or under...
The CMSB has amended the regulations for granting general approval of registered capital reduction for business operators on the condition that such reduction meets all specified criteria, including no impacts on the shareholders’ structure, no impacts on the shareholders’ equity and no violation of relevant regulations. Previously, the SEC found that applications for registered capital reduction of securities companies in many cases did not meet the criteria for granting general approval for re...
legally; and (2) DA fund managers are required to keep documentation of their activities related to digital asset fund management, including documentation regarding consideration and decision making on
On 15 August 2023, the SEC Board Meeting No. 12/2566 approved the proposed amendment to such advertisement regulations. The SEC is therefore inviting the public and the business sector to comment on the proposed amendment and the draft regulations. The proposed amendment is summarized as below: 1) the current regulation requiring DA operators to submit each advertisement piece and relevant details to the SEC for approval (Clause 34/5 of the Notification of the Securities and Exchange...
In June 2025, the SEC Board passed a resolution approving in principle the proposed regulations regarding investor communication and service provision by ICO portals. In this regard, ICO portals
The SEC had reviewed the criteria related to report on securities (i.e., shares and convertible securities) or derivatives holding of listed companies’ directors, executives, and auditors** and proposed amendments to such criteria to reduce redundancy and inject flexibility for reporting parties while ensuring that data users receive sufficient information within an appropriate time. Having received comments and recommendations from the public consultation at the end of 2022, the SEC has refined...