additional capital at a rate commensurate with the size and degree of business operations. Both asset management companies and trust managers must comply with relevant regulations governing their respective

facilitate the business operations. This notification will be effective from 16 June 2018.

appropriate and flexible but will mostly be based on the same principle. The revision will cover various systems for example, operating systems relating to organizational structure and personnel readiness

in business operations and encourage business operators to set effective standards of custodian servicesIn addition, in order to prevent assets for the person authorizing the management of the

in business operations and encourage business operators to set effective standards of custodian services.In addition, in order to prevent assets for the person authorizing the management of the

improve flexibility in business operations and encourage business operators to set effective standards of custodian services.Besides, to prevent private funds’ assets may be seized according to the legal

In the past, SEC had been approving securities business operators to assign outsourcing in other operations related to businesses for the effectiveness and flexibility of the operation. Business

operations, with a view to grouping the relevant regulations of the operation system and the provision of services to facilitate business operators.The public hearing is intended to propose the draft

amend its rules to be more flexible without too high operating costs, and cope with more diverse patterns of business operations. This revision focuses on the principle-based regulations, instead of

amend its rules to be more flexible without high operating costs, and cope with more diverse patterns of business operations. This revision focuses on the principle-based regulations, instead of fixed