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
securities businesses. The proposed revision covers the principles and the draft Ministerial Regulation for a new licensing scheme whereby an applicant could choose to solely apply for a specific license
in becoming the wealth advisor.The wealth advisor may choose to carry out the wealth advice services according to its business model within the scope of the license obtained and must have the
choose the persons to operate a business on their behalf in a more flexible manner, whereby the business operators will be able to delegate other persons in respect of work related to the business
choose the easiest and most convenient option. Thus, often the decisions are made irrationally while several times biases are allowed to distort the decisions. Decision making usually involves with three
related to properties in or outside the Kingdom including to accept donated properties; (2) borrow or lend money as well as make investment for profit; (3) determine the fees for filing registration
the company and its subsidiaries? failures to appraise the fair value of fixed assets in order to determine their realization value as well as the auditor?s dissatisfaction by means of other audit
exchange issued by commercial banks having credit rating not lower than investment grade, providing that support rating will also be allowed.The revised regulations will clearly determine responsibility of
units of provident funds, the management company shall be granted relaxation to postpone the calculation until the management company is able to determine the fair value of equity instruments issued by