. SEC has therefore drafted the rules and regulations on the matters including the rule on collection of copying charges. Proposed draft provisions include:(1) Notification of trustee’s resignation: In
To render assistance and alleviate the impact of the COVID-19 situation on employees and employers, SEC, with AIMC’s suggestion, has proposed for the Ministry of Finance to consider granting a
(2018), the SEC Board has proposed that Minister of Finance consider revocation of the digital asset exchange license of Huobi. In addition, the SEC Board, by virtue of Section 35 Paragraph 2 of the
Al Zaabi from the Securities and Commodities Authority, United Arab Emirates. Key developments at the GEMC meeting included the SEC participation in the proposed work on Fintech in emerging
entitled to subscribe for the shares at least 14 days before the subscription date, and the offering for sale of the existing shares shall not be advertised to the public. In addition, SEC has proposed an
), presented the proposed training course to the working group. The first part of the action plan will start with a seminar within a small group of senior and middle level executives to brainstorm ideas and
22 January, most of those commenting agreed on the proposed supervision on ICO of securities tokens. SEC will start from allowing ICO of investment tokens which are not the existing securities like
proposed loan has no collateral, no guarantor and no default interest rate. The second extension of the loan repayment period aims to prevent GSTEL from defaulting on the loan agreement with GJS. In this
landscape, the SEC has proposed the new rules that will give investors more investing tools in the form of portfolio advisory with execution and program trading while helping intermediaries to improve and
operation raised by the business operators, resulting in the proposed revision of the rules, such as:(1) To allow the business operator failing to maintain NC as required due to an increase in the