, as the case may be; 2 (d) having a plan to report the results of the experiment and progress of service provision to the SEC Office on a continuous basis; (e) having a clear exit strategy in case of

securities trading center; (d) having a plan to report the results of the experiment and progress of service provision to the SEC Office on a continuous basis; (e) having a clear exit strategy in case of

) having a clear exit strategy in case of leaving the regulatory sandbox upon or before expiration. (5) specifying a limited scope of services to alleviate material impacts or damage on investors or the

guillotine is a rapid, transparent, low-cost and inclusive process of reviewing a large number of existing regulations to repeal those that are no longer needed and amend those that are not suited to the

processes in the capital market to work more effectively, decrease the cost in accessibility or the  operation of each market participant in each sector also be transparent and able to be inspected, and

, e.g., exposure to high default risk, low return rate, unclear usage of funds, and non- transparent approval of transaction.  The purchase of DEVA shares, a company with unstable financial status, and JJ

businesses were assisted in transition to become more transparent in order to meet with good corporate governance practices while commit to create value for shareholders and to be trustworthy for investors

-entities. To utilize the benefit of crowdfunding, the business-entities should be legally established, efficiency managed, and highly transparent. These key factors will enhance the trustworthy of the

-corruption measures toward practical implementation by encouraging listed companies and market participants to place importance on having robust internal control systems and transparent operations, in line

in a fair and transparent manner, while enhancing the quality of services provided by business operators. The SEC has therefore incorporated feedback and suggestions from relevant stakeholders to