comments on the proposed amendments to the regulations regarding advertising by digital asset business operators. The key points are as follows: (1) Adjust the font size of the warning notices in
The SEC has revised the definition of Qualified Subordinated Debt to be excluded from the total liabilities for the calculation of net capital of business operators, viewing that the debt instruments with conditions for postponing or canceling interest payments and postponing principal repayment without being considered an event of default are complex and high-risk debt instruments. Therefore, the SEC deemed it appropriate to issue regulations concerning the NC Bond offerings of business operato...
business work systems. The SEC Board has passed a resolution approving the proposed amendments to the digital asset business licensing process and endorsing the proposed amendments to the regulations
custodians under draft amendments to the Provident Fund (PVD) Act and within the securities trading framework. The Custodian Club consists of 13 members, including commercial banks engaging in fund supervision
management of GIT and conduct a public hearing on this matter to seek comments and suggestions from stakeholders and the general public. Concurrently, the SEC Board’s meeting has also approved the amendments
Earlier, the SEC conducted a public hearing on the proposed principles and draft amendments to the net capital rules for business operators regarding the definition of Qualified Subordinated Debt
Currently, the existing regulations regarding compensation for incorrect calculation of investment unit values require AMCs to compensate by reducing the number of units held by the buyers or the sellers who have benefited more than they should have (in an amount equal to the difference between the incorrect and correct unit prices). However, these regulations do not cover the method whereby AMCs use their own funds to pay a compensation to the affected mutual funds instead of reducing the numbe...
capital, in line with the regulations for complex and high-yield debt instruments of similar characteristics. Additionally, the SEC has proposed amendments to the process of changing the use of proceeds and
In December 2021, the SEC conducted an earlier public hearing on the proposed amendments to the aforesaid Rules, the objective of which is to accommodate the use of technology to operate business in
Earlier, the Capital Market Supervisory Board approved in principle the proposed amendments to the repo/reverse repo agreement regulations to allow securities companies to enter into repo/reverse