rehabilitation petition on 29 January 2024. If the Court issues an order for the rehabilitation of JKN and appoints a rehabilitation planner, the bondholders must submit a request for debt repayment to the
such services. The newly established company must apply for a license within one year from the effective date of the amended ministerial regulations. The consultation paper is available at: https
provision and at least once a year thereafter. In addition, digital asset business operators must conduct a cyber resilience assessment every year. Regarding custody of clients’ digital assets, the SEC
living or occupations will be abolished or revised to lessen burden on people. By doing so, methods used must be done with speed, transparency, low costs with participation of all related parties
secure, effective and efficient IT practices and IT usage in businesses. The update would also include requirements related to the information security audits and the qualifications of the auditor who must
regulations are as follows:(1) To establish regulations on application for and granting of licenses to operate securities trading center, clearing house and securities depository center: An applicant must
transaction confirmation evidence that must be issued by the responsible asset management company or the selling agent bank only. In case of doubts, immediate contact with the compliance unit is recommended
an employer is no longer able to continue the PVD plan, the asset management company managing such PVD must ensure that the employees receive full benefits within the period specified by law and
doing so, methods used must be done with speed, transparency, low costs with participation from all related parties.
the ceiling of the tax-deductible amount applied to retirement-related funds;(3) Purchases must be made between 1 April 2020 and 30 June 2020;(4) Investment units are held for not less than 10