approval. 5 A full course must have been taken for not more than 2 years as of the application date; a refresher course must be taken consecutively to the previous one at least once every 2 calendar years of
the expiration date of the previous approval. 8 A full course must have been taken for not more than 2 years as of the application date; a refresher course must be taken consecutively to the previous
Application must be submitted within 5 years as from the expiration date of the previous approval. 7 A full course must have been taken for not more than 2 years as of the application date; a refresher course
impacts on clients’ assets. The regulations have taken effect since 16 January 2023. Pursuant to the transitional provisions, digital asset business operators who had provided custody of clients’ assets
come into force starting from 1 January 2022 onwards. In considering these amendments, SEC has taken into account opinions received from business operators and related parties during the public hearing
within three business days and about action plans to be taken at the discretion of the mutual fund management company in the best interest of the unitholders. The remedial measures should be performed and
organization after recently assuming office. “I have taken on a new role in a familiar organization and working environment, with the primary goal of leading the SEC as a regulatory agency that develops the
that possesses the characteristics of an investment company. The amended regulations in this matter have been published in the Government Gazette and have taken effect as from 1 January 2024
and direction so that the market can function with greater accuracy. It also enables business operators or investors in the existing market to adjust to the changing environment thus improving market