more conveniently on a regular basis using technology-based tools such as e-learning,” added Ms. Ruenvadee. _______________________
controlling person.SEC is therefore considering revision of the definition of major shareholder from currently being based on the “number of voting shares” to the “number of voting rights” to ensure that the
late 2018. Most stakeholders from the business sector and the mutual fund industry generally submitted positive responses supporting the principles. The amendments drafted under the principle-based
rendered his comments and opinions based on international standards.In addition to the draft amendments above, the SEC is seeking comments on the proposed rules related to partial securities offering
SEC had proposed, in principle, to amend the definition of major shareholder of the securities companies which at present is determined based on the “number of voting shares” to the “number of
appropriate and flexible but will mostly be based on the same principle. The revision will cover various systems for example, operating systems relating to organizational structure and personnel readiness
amend its rules to be more flexible without too high operating costs, and cope with more diverse patterns of business operations. This revision focuses on the principle-based regulations, instead of
amend its rules to be more flexible without high operating costs, and cope with more diverse patterns of business operations. This revision focuses on the principle-based regulations, instead of fixed
instructed JAS to rectify those financial statements by recognizing the provision based on the best estimate of the expenditure required to settle the present obligation by taking into account factors such as
reading, and (3) promoting the use of an interactive channel, if appropriate, such as app-based information service to better suit investors? digital lifestyles.The consultation paper is available at