Following the issuance of regulations on information technology systems in 2022*, the SEC recognizes that the current rules should be updated to enable business operators in the capital market to
current criteria, such exemption is only applicable in cases where the aforesaid investors have passed a knowledge test within three months before investment; (2) To require ICO portals to
and other non-current liabilities. Therefore, KAL does not meet the definition of a “business” according to the relevant financial reporting standards. In addition, it was found that the SPAC-related
Century.” The SEC is implementing the plan to enhance good governance of listed companies by revising regulations to ensure they are in alignment with current problems and will not increase burdens on
.”The SEC is implementing the plan to enhance good governance of listed companies by revising regulations to ensure they are in alignment with current problems and will not increase burdens on the private
the guidelines provided by the Ministry of Digital Economy and Society as well. “We all understand the current situation and acknowledge the limitations imposed on listed companies. All related
, and seek clarification from NEWS management in order to make well-informed decisions. In addition, due to the current COVID-19 pandemic, SEC encourages the shareholders to consider proxy voting by
operate such businesses with reasonable costs because the current licensing regime under the Ministerial Regulation is securities license which includes various groups of securities business and all
The SEC has implemented the regulatory guillotine scheme,** which aims to review and revise regulations to suit the current situations, enhance competitiveness, and facilitate operations of
current situations by expanding the scope of protection and effectiveness as well as closing legal loopholes that could bring people damages or improper services. The regulations are proposed to be