issue of decreasing capital adequacy ratio below the requirement specified under the Insurance Law. He obtained the material non-public information by virtue of his positions before such information
investing in digital assets unless they have already passed such a test. This proposal aims to reduce the burden on both ICO portals and investors by canceling the requirement for such assessment every
legal requirement on minimum face value of debentures may be too high and hinder retail investors to access debt markets, or the prohibition of set-off can cause unnecessary procedures and fees to issuer
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
be considered in evaluating the issues, assessing their necessity, ensuring consistency, and addressing law enforcement obstacles. The goal is to enhance the governance of digital assets to be more
extension to the time frame of readiness preparation for business commencement in case of necessity. In addition, the regulations governing key aspects of digital asset business operation would be amended
. Vorapol Socatiyanurak added that ?The SEC is well aware of the necessity to develop more speedy and accurate e-Filing system in order to lift up the quality of information dissemination service for
certain financial support to CAZ as the guarantor with the financial institution, which is the requirement for credit facility support. Currently, there is negotiation for unload such the collateral. The