management. The business provider must have the protective measures against conflicts of interests, for the increased protection for the investors.SEC has published relevant documents regarding public
utility token, the aforementioned entities offered the newly issued digital token to the public without approval from the SEC Office. This was not conducted though a digital portal service provider approved
-use utility token, the aforementioned entities offered the newly issued digital token to the public without approval from the SEC Office. This was not conducted though a digital portal service provider
Following receipt of clue information, the SEC conducted an investigation and found that since 12 January 2022, 1000X, the service provider of the website https://www.1000x.live (“1000x.live”), had
provide investors with more variety of investment alternatives and increase experiences in overseas investment while the service provider is required to comply with rules and practices prescribed by the
, guidelines, service provider supervision, risk management, and business continuity measures. However, outsourcing does not discharge business operators from responsibility in the outsourced activities
where service provider is unable to perform the outsource activities; and (iii) measures to prevent conflict of interest are also required. For outsourcing to a company in corporate group which is a
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