startups to access sources of capital efficiently at reasonable costs.”“Presently, SEC has the existing equity crowdfunding rules since 2015 for SMEs and startups with clear business plans to gain easier
control and credibility of financial reports. The sufficiency of internal control system includes having in place (1) clear scope of authority and approval procedures in writing, (2) independence of core
number of independent directors, and (3) clear definition of ?independent directors? determined by each listed company. This would help enhance investors? confidence that listed company directors will
number of independent directors, and (3) clear definition of ?independent directors? determined by each listed company. This would help enhance investors? confidence that listed company directors will
to disclose correct, complete, and clear information without any false statements. They must not uncover fact that should be clarified or mislead investing public to ensure investor protection. The SEC
availability of PVD data, to prescribe a clear application process and document requirements for fund registration, to improve the duties of employers, the Provident Fund Committee (PC) and fund managers, and
well as warn their personnel not to involve with such loans. Additionally, the SEC will cooperate with related agencies in setting up clear guidelines on credit lines provided to clients so as to prevent
storage. Clause 28 An intermediary shall arrange the appropriate channel and monitoring system for communication with a client . In addition, the intermediary shall communicate at the right time, with clear
, with clear and reliable information, and without misleading information. Clause 29 In case an intermediary has other businesses apart from services relating to investment in and transaction of capital
, with clear and reliable information, and without misleading information. Clause 29 In case an intermediary has other businesses apart from services relating to investment in and transaction of capital