, and order the CIS operator to suspend the offer for sale of units of foreign collective investment scheme until explanation has been made or amendment has been rectified. In case where the CIS operator
when the outbreak was severe. This has caused economic activities to grind to a halt, and the government announced a range of different measures to curb the outbreak such as the lockdown measures, the
consumption to decline. Especially, from the tourism sector and airlines had to suspend services. With the culmination of events being the declaration of the state of emergency and social distancing policies
Notification, the SEC Office may order such management company to rectify, operate or omit from any acts in order to comply with the rules as prescribed in this Notification, or suspend the approval for
Notification, or suspend the approval for appointment of representatives for a specified period or conditions, or revoke the approval thereof. Chapter 4 Transitional Provisions and Effective Date of Notification
such management company to rectify, operate or omit from any acts in order to comply with the rules as prescribed in this Notification, or suspend the approval for appointment of representatives for a
) the administrative sanction to restrict or suspend business undertaking or revoke licenses, registration or approval shall be imposed on the violation or non-compliance with any of the following
. Clause 26 A mutual fund management company shall suspend selling of investment units or acceptance of purchase orders for investment units during the period of time when the company finds a redemption