Under the amendments, SEC has proposed to lift the limitations on unitholding which bar any person or any associated person from holding investment units in a mutual fund over one third of the total sold units, but asset management companies are still required to disclose information regarding unitholding over the one-third rule to investors and such unitholders are not allowed to exercise their rights of voting for the units they hold beyond the one-third rule. In addition, business opera...
and investment communities duly gave comments.This time, SEC makes eight revised draft notifications in accordance with the proposed principal. Regarding the management of property funds and the
to safeguard investors’ interests. SEC has revised the following five notifications, namely, (1) The draft notification relating to the investment of mutual funds, (2) the draft notification
training workshop titled “Deep-dive Masterclass on ICAPs Expectations Ladder: Governance.” This workshop aimed to strengthen the capacity and enhance responsible investment practices among asset
The Securities and Exchange Commission (SEC) organized a training session for “New Generation Fund Managers with Environmental Awareness, Class 1” aimed at fostering the role of emerging fund
The Securities and Exchange Commission (SEC) organized a virtual training session on “Ethical and Moral Standards of the SEC Staff and the Building of Trust and Confidence in the SEC”. The online
realized the importance of business preparation in this matter. For this reason, SEC is set to launch an online training under the topic of “Incident Response from the Pentester’s Eyes View” and
, to attend an ESG training course in addition to the existing compulsory training courses on rules and regulations, ethics or relevant laws, to ensure sufficient knowledge and regular review thereof in