offices or branches of business operators in accordance with the Regulatory Guillotine to increase flexibility and streamline processes and operating burdens on the business sector. Essentially, the

regulations that are not necessary or do not keep pace with situations or remain obstacles to livelihoods or engagement in occupations will be abolished or revised to lessen burdens on people. By doing so

would not only improve the efficiency of debt offering supervision but also lighten the loads of debt issuers and maintain appropriate protection for investors. For such proposes, the SEC Office is

December 2024 remains a business day for securities companies and derivatives business operators. This adjustment aligns with the holiday schedule of financial institutions and prevents undue cost burdens on

regulations to remain only those necessary and consistent with current situations. These efforts aim to strengthen business sectors’ competitiveness, and reduce operating costs of private sectors and burdens

consideration the supervisory costs, industry competitiveness, burdens to intermediaries, and simplified methods of fee calculation. The two draft notifications regarding the aforesaid matter are expected to come

supervision and risk assessment of intermediaries and the monitoring of industry development, to prevent excessive burdens on securities and derivatives intermediaries.The proposed revision covers the reporting

regulatory burdens of the securities issuers.  Furthermore, the SEC will also propose business operation guidelines regarding corporate social responsibility and protection for corruption to promote

in the financial statements reporting forms to reduce burdens and costs of securities companies that are non-public accountable entities (NPAE).In addition, the revised reporting forms would comply

criteria are relatively more relaxed, and the expenses do not cause excessive burdens on the issuers. Companies capable of complying with the regulations may choose to be listed and traded on BdL or