information by requiring lead underwriters in the initial public offerings (IPOs) to issue 4 consecutive quarterly research papers for IPO shares. The requirement will help solve the problem of lacking research
for screening the volunteers with annual assessment in order to help protect interest of shareholders and investors continuously and create confidence on investment in capital market.Furthermore, TIA
support securities regulators to tackle new challenges and risks. The second FSAP included the assessment of the SEC’s roles and responsibilities regarding transparency, independence, rulemaking procedures
compliance with the governing law; (2) These ICOs have not been screened by the SEC-approved ICO portals; (3) Necessary and sufficient information on these ICOs may not be disclosed to support investors
and make use of capital market. The Project has gained support from our seven alliances, namely the Ministry of Interior, National Science and Technology Development Agency (NSTDA), the Stock Exchange
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