with the transitional provisions, are allowed to operate their digital asset businesses.Five of them are seeking licenses to operate as digital asset exchanges:(1) Bitcoin Co., Ltd. (BX / website
permissible products are more complicated, risky and similar to those AIs have been allowed to invest domestically such as unrated bond and foreign sukuk. Moreover, all investors will have more investment
2014. Starting from January 1, 2014, provident funds are allowed to invest in derivatives for the purpose of efficient portfolio management (EPM) up to a permissible proportion. The funds were previously
principle proposes revision to the types of permissible investment products and the qualifications of commercial banks eligible to provide investment and deposit services in relation to asset custody of
will be allowed to manage REITs? non-real estate assets, providing that there must be a separation of management and compliance units while Chinese wall must also be in place. Outsourcing of the
allowed to offer the service permissible under their licenses on overseas financial instruments. The revision not only aims at increasing the investors? readiness for overseas investment but also enhancing
.?Business operators will be allowed to outsource activities, for instance, risk management, internal audit and control, information technology management, etc. Some important or expertise activities, will be
convenient access to paying agents have been allowed to reach out the investors. Furthermore, new types of mutual funds permissible to invest in a variety of assets have been introduced; for example, mutual
varieties of assets according to suitable risk profile. For example, funds offered to retail investors are now allowed, on the condition that pre-specified ratios apply, to invest in non-listed infrastructure
, especially for clearer comparison between local and foreign products.Under current regulations, foreign CRAs, if approved by the SEC, are allowed to conduct mandatory rating of debt securities offered to the