public hearing on this matter showed that the majority of respondents agreed with the proposed amendments and provided additional useful suggestions. The SEC has therefore reviewed the principles and

the changing landscape and address cyber threats. Comments and suggestions from stakeholders were taken into consideration in drafting the amendments more appropriately. Essentially, the key amendments

management companies. Additionally, the amendments would include revision to the submission period in alignment with that of mutual fund management companies.The SEC is therefore conducting this public

plant infrastructure funds to use the capital market to raise funds as the industry is important to national development. The move will bring the regulations into alignment with the government’s

, accommodate financial innovations, and ensure alignment with SLB advancements aboard and internationally recognized standards*, while maintaining suitable investor protection.The SEC is therefore inviting

alignment with the product risk. These proposed requirements are in line with regulatory practices applicable to both securities and digital asset business operators. Accordingly, the SEC is conducting

debt in sustaining the net capital**. Moreover, the proposed amendment included a review of the risk haircut rates used in calculating the net capital adequacy in alignment with the current conditions

license applicants, and to ensure that the licensing process is flexible and in alignment with the numbers of license types and license applicants, as well as the time for developing of the digital asset