independently and without bias, advancing beneficiary or client interests as their primary obligation. 1.3 Capacity and effective management Institutional investors should be led by boards and staff with the
The Securities and Exchange Commission (SEC) invites public comments on proposed amendments to the regulations governing the reporting of initial public offering shares (IPO shares) results. These
aims to promote ASEAN capital markets as a driving force for sustainable development and an investment destination recognized by global investors in line with the concept of Advancing Partnership
independently and without bias, advancing beneficiary or client interests as their primary obligation. Governing bodies, and where relevant, individuals in a fiduciary position of responsibility for ultimate
The SEC has amended the real estate-backed ICO regulations to be more comparable to the regulations governing real estate investment trusts (REIT) because both real estate-backed ICO and REIT share
with other laws shall comply with such governing laws.
with other laws shall comply with such governing laws.
Thai bourse as well as the regulations governing offer of sale of depositary receipts (DRs) on foreign securities. The promulgation of those regulations is under the SEC strategic plan, aiming to expand
2019 Chairmanship, “Advancing Partnership for Sustainability”. The ACMF Deputies’ Meeting also discussed on the possibility to accept the Philippines as a new member of the ASEAN CIS to further promote
-sized businesses still need to look for opportunities to access funding channels to keep their businesses running and supports to get them through the crisis. Since today’s ever advancing digital