Early this year, SEC held public hearings to obtain views on establishing rules that require companies issuing IPOs to disclose information related with the offering for sale of their securities in an audiovisual format in a bid to respond to the changing behaviors of investors, who tend to use the Internet more as a channel to receive information and do not spend as much time on reading long information disclosure forms. This idea was well supported from both business operators and inves...
prescribes the framework and conditions for public offerings of cross-border mutual funds under the Asia Region Funds Passport (ARFP).Together with the other first participating economies ? namely, the
SEC deemed it appropriate to issue regulations concerning the NC Bond offerings of business operators. A public hearing on the matter was conducted in October 2024. The majority of the respondents
subordinated bonds with the revised definition, the SEC has amended the regulations for approval of NC bond offerings. This amendment allows business operators to issue subordinated bonds to benefit their net
attracting or persuading investors to make their decision because of premiums or gifts. ?Amid the current high competition environment, advertising and sales promotions produced by business operators often
promotion which provides investors who invest in investment units with gifts, rights or any other benefits, such advertisement is permitted only when the promotion period, value and amount of gift, rights or
gifts, rights or any other benefits, such advertisement is permitted only when the promotion period, value and amount of gift, rights or any other benefits are appropriate and fair, following the Office’s
. Clause 10. For an advertisement related to a promotion which provides investors who invest in investment units with gifts, rights or any other benefits, such advertisement is permitted only when the