property fund (Type1) which currently is not allowed to make an investment, if invest only in leasehold properties, asset management companies must disclose an estimated IRR in the annual report and the

with the added types of license prescribed in the draft Ministerial Regulation. In this regard, financial institutions established under specific laws would be allowed to apply for Type E Securities

allowed to give advice to investors regarding capital market products with non-complex features.  

management and securities business financing. Additionally, to promote fair competition or level playing field among business operators in the capital market, derivatives intermediaries would also be allowed

securities is not allowed.  Moreover, none of the current provisions support the appointment of representative for holders of no guaranteed bond that issued by government agencies which, if allows, could be a

Complex Instruments Type 2 is allowed to give advice to investors about capital market products with non-complex features and investment units or debt securities with high risks or complexity, e.g

 {A} had solicited a client to invest in derivatives products by guaranteeing returns; the client agreed to the deal and allowed him to make investment decisions on the client's behalf. Later, he was

website beforehand. Currently, only digital asset business operators who have been operating since before 14 May 2018 and apply for licenses within 14 August 2018 are allowed to continue their business

Under the SEC’s policy, digital asset business operators are not allowed to provide or support deposit taking and lending services to prevent possible damage to digital asset investors and the public

be allowed by the end of this year.   Criteria for CIS to be offered will include (i) offer must be made only to institutional investor and high net worth investor with specified investment