service provision; - Democratizing Wealth: Developing digital systems to provide the public with access to investment opportunities, diversify risks and drive sustainable economic growth
returns and appropriate warnings about investment risks must be included. In case of using or referring to external information, the advertisements must ensure that the sources of such information are
the Sandbox to reduce risks and widespread impacts that may occur during the Sandbox period of no longer than one year as from the approval date. Nevertheless, upon expiration of the Sandbox period, the
plan. This includes limiting business operations to avoid additional risks. If a business operator fails to submit or execute the plan within the specified timeframe, or if the NC falls below 60 percent
with sufficient information to effectively monitor and assess risks in business operations and keep pace with current circumstances. Additionally, they would enhance trust and confidence among
similar to the case of public offering. Additionally, rehabilitation information must also be disclosed, such as the Rehabilitation Plan and a summary of such plan, and significant related risks, etc. The
records of investors’ assets under custody of the business operators must be accurate, complete and updated while the assets must be properly protected from relevant risks. In September 2021, the SEC
consecutive days. In addition, digital asset business operators are required to maintain net capital in accordance with the specified conditions to handle potential risks and liabilities from duty performance
instruments type 1 is allowed to give advice to investors about capital market products without complex features and products with high risks or complexity of all types. Ex., investment units of mutual funds
investors about capital market products without complex features and products with high risks or complexity of all types. Ex., investment units of mutual funds for institutional investors or ultra-high net