.   Regarding the next 15-year perspective, the Secretary-General said: “It is difficult to make a clear-cut prediction while the digital asset industry is in constant, dynamic change. Nevertheless, the SEC is

arise and consequently damage the trading confidence and investors themselves.    Regarding the next 15-year perspective, the Secretary-General said: “It is difficult to make a clear-cut prediction while

findings, it seems difficult to draw a clear-cut conclusion on whether CSR as a whole has a positive, negative, or neutral effect on firm value. When socially responsible investors and corporate managers are

exempting fees for application and filing submitted during February 1, 2021 and December 31, 2023. We hope this exemption will further reduce a burden to private sector in this difficult time.”  

.............................................................................. 43 United Kingdom: Clear Policies Move the Needle on Stewardship and Engagement .................................... 45 KEY QUESTIONS TO ASK BY SECTOR Taking Investment Lessons from Socrates: Asking

developments regarding ownership engagement were also discussed. For investors, voting at AGMs can be challenging, as it is hard to monitor thousands of firms in which they invest in many jurisdictions and they

capital market are complicated and finding the evidence is difficult, especially electronic evidence which requires assistance from specialized agencies. Therefore, this cooperation between SEC and the

for equity crowdfunding. Furthermore, in the case of ICOs, imposing the aggregate limit would not be an effective investor protection mechanism. This is because it would be very difficult to enforce and

that are difficult to detect. For example, (1) fraudulent transactions through a subsidiary located overseas that has obscure business objectives and is hard to inspect, (2) trading transactions and

future. Business wise H1 2019 was challenging particularly in the most recent quarter. Business sentiment in multiple industrial segments important to us has been impacted by the macro economy and the