The SEC has implemented the regulatory guillotine scheme,** which aims to review and revise regulations to suit the current situations, enhance competitiveness, and facilitate operations of
aims to standardize the SEC regulations in line with the changing situations to ensure that only necessary regulations are issued and enforcement is effective. In any case, appropriate investor
, while reviewing the existing regulations to be in line with the current situations and remain as necessary for more convenience, less business-sector costs, lower burden on people and compliance with the
respond more accurately to the changing risk landscape. Audit regulatory body also needs to follow suit by closely monitoring the growing situations to allow for an adaptive regulatory mechanism that is
securities holders in a reasonable manner during the working hours determined by the securities registrar. Clause 6 The securities registrar shall have a contingency plan in case of emergency situations which
review of the existing laws and regulations. The reviewed laws and regulations that are no longer necessary or do not keep pace with situations or remain obstacles to living or occupations will be
existing laws and regulations. The reviewed laws and regulations that are not necessary or do not keep pace with situations or remain obstacles to living or occupations will be abolished or revised to
transparent, fair and free from anti-competitive situations; (2) Post-approval duties of the association: The association shall perform its duties in accordance with good governance principles and
regulations to remain only those necessary and consistent with current situations. These efforts aim to strengthen business sectors’ competitiveness, and reduce operating costs of private sectors and burdens
Investigation (DSI), the Ministry of Justice, to discuss situations in the stock exchange and update progress on the measures for building trust and confidence in the capital market, especially regarding strict