securities which come with high application fees and do not answer the need of business operators who wish to provide specific services. The SEC has therefore revised the Ministerial Regulation on Securities
The SEC will issue further regulations to revise the report submission of securities companies, derivatives intermediaries and trustees. In this regard, all reporting data will be reviewed
give more emphasis on this matter.” In this regard, SEC is proposing an amendment to the rules on renewal of approval for personnel in capital market businesses whereby an ESG course would be
, which may lead to imprisonment from 5 to 10 years and a double fine based on the asset value or the benefit received from violation of such sections, as the case may be, but in any case not less than
, therefore, bars {D} from re-entry capital market business for two years and eight months, starting from 18 December 2020. During this period, {D} will not be able to perform duties as a branch manager or
make sure that they are truly issued by the banks or the asset management companies in charge, and to update their fund books (if any) in the following business day to prevent damage that may be caused
’ consideration in disclosing this information to investors. In addition, in view of the due date for submission of the financial statements of the first quarter of 2020, ending 31 March 2020 (due on 15 May
mutual funds under management of the same asset management company only up to two tiers for general mutual funds may not be flexible enough. The SEC has therefore revised the governing rules in this
developing and enhancing oversight of listed companies and strategies for preventing and suppressing inappropriate behaviors within listed companies to ensure that they would be able to raise fund from
According to a referral from MBKET and SEC’s further inspection, during May 2016 – December 2018, {A} executed trading orders of securities and derivatives for a client in the following manners: (1