audit firm; (2) To relax the requirement on the number and nature of business whose financial statements must be given an opinion and affixed with the auditor’s signature, as well as to adjust the
, repealing the requirement to have the fund supervisor approve a property insurance agreement, extending the income guarantee clause to cover an event of capital increase filing, and repealing the
operations.The requirement to appoint independent directors, however, will not apply to certain cases; for example, securities and derivatives investment advisors due to their relatively small size and few staffs
therefore urging digital asset business operators to emphasize the importance of cybersecurity on a continuing basis and to assign a responsible entity to oversee the matter to ensure that they can provide
its related person may be concluded when the following requirement are satisfied; (1) the transaction is in compliance with Clause 11(2)(a); (2) the transaction is authorized accordingly with the
for the quantity in excess of the minimum purchase requirement, as specified in the agreement, with retroactive effect from 1 April 2017. 4. Total value and the criteria for determining the
; 2. Exemption from Offering Requirements: The issuance of G-Tokens will be exempt from offering requirements, including filing and draft prospectus submission, and the requirement to offer digital
leading the public to believe that the said company is: (1) a social enterprise thus allowed to make a public offering without the requirement to obtain approval or file a registration statement with SEC
the public to believe that the said company is: (1) a social enterprise thus allowed to make a public offering without the requirement to obtain approval or file a registration statement with SEC, and
, two audit and financial report projects, and one digital technology and corporate excellence project. Actions taken include: (1) Repealing the requirement for submission of the Summary of Types