SEC had proposed, in principle, to amend the definition of major shareholder of the securities companies which at present is determined based on the “number of voting shares” to the “number of
proposed granting corporate income tax exemptions to “mutual funds” whose units are subscribed solely by provident funds. In light of this approach, SEC is revising the regulations on establishing mutual
private fund from being seized by legal process if asset management companies are in debt, SEC has proposed to revise the related regulations in order that the investors’s assets could be protected if
process if private fund operators are in debt, SEC has proposed to revise the related regulations so that the investors of the private fund could be protected the assets if this situation happens.SEC
services and putting investors first, while discussed with the business operators for comments and suggestion on this issue. The proposed guidelines and this public hearing will be presented to business
plants.The proposed amendments will make it more conductive for business operators with multiple small power plant projects to raise capital through infrastructure funds. The minimum investment requirement
the securities business operators. The proposed guidelines and this public hearing will be presented to securities business operators who plan to apply fintech in the capital markets must comply as
client. Comments and suggestions on the matter are welcome until March 30, 2012. The proposed regulation will require underwriter know individual client before selling client any product. For retail client
directors and executives and (3) proposed for change of nature of business undertaking of the company. The statement also includes details on the date of negotiation on the aforesaid matters and the list of