value of the investment in the shares of the buyer at the same share price. The auditor has not been able to obtain sufficient and appropriate evidence to verify the gain on sale of the investment in
changes. The SEC has issued a notification specifying the exemption pursuant to the aforementioned principles and prescribing relevant criteria. The notification has been published in the Royal Gazette and
platforms. This collaborative effort aims to prevent further harm to the public. Since the launch of the Investment Scam Hotline Initiative on 6 November 2023, the SEC has been notified of fraudulent
collaboration in addressing the growing threat of financial and investment scams. As part of the SEC’s commitment to solving this issue, the Investment Scam Hotline has been launched to facilitate more
been in place, so that the SEC imposition of supervision and enforcement measures will be considered proportionately and appropriately, in favor of such business operators. The risk management manual
through the ORAP system, which has recently been updated. The extended submission period will take effect, starting from the 2024 renewal cycle onwards. Generally, the SEC reviews each application
in the first quarter of this year. These comments have been considered and incorporated to enhance the clarity and suitability of the sample appointment agreement.Interested parties and stakeholders
. This also includes the provisions that authorize the relevant authority to set standards to enhance confidence in capital market activities. The Draft has already been reviewed by the Office of the
has taken the respondents’ comments and suggestions into consideration to enhance clarity and appropriateness of the aforesaid principles. In this regard, relevant regulations have been drafted and are
The SEC, having been informed of the progress of the company’s plan for fund raising with the new investors in which a business rehabilitation petition must be filed with the Court, has instructed