(Unofficial Translation) 1 Licensing Manual: Application for Approval of Foreign Auditor (In Case of being under supervision of internationally-recognized regulator) Authority: the Office of the
“home regulator” shall have the same definitions as specified in the Notification of the Capital Market Supervisory Board concerning Provisions relating to Offering for Sale of Units of Foreign Collective
, International Organization of Securities Commissions (IOSCO) and securities regulators in ASEAN countries. In addition, the SEC joined as member of International Forum of Independent Audit Regulator (IFIAR), an
person responsible for management of foreign collective investment scheme. “home regulator” means a capital market supervisory agency of foreign country where a foreign collective investment scheme has
Notification shall come into force as from 16 June 2021. Clause 2 In this Notification: “collective investment schemes” means foreign collective investment schemes authorised and supervised by the home regulator
, the securities regulator of each member country should apply the ISSB Standards by considering the specific context of their country. The SEC has also joined ASEAN capital market regulators in
(CSSF), the Luxembourg financial regulator, with whom SEC has been cooperating in exchange of information related to supervision of asset management companies and mutual funds since 2012. Both parties
capital requirement by taking into account the types of business models as well as the existence of lead regulator (if any). Also, certain conditions and periods of protection have been adjusted in this
, increasing competition, change of behavioural patterns, and changing demands of fundraisers, business operators and investors. As the capital market regulator, the SEC must adjust to these changes without