additional costs and are obstacles to extend the fund size at the initial stage. Therefore, SEC has put forward the amendments to the regulations on the limitations on unitholding in mutual funds. The

Guillotine is the regulatory review of the existing laws and regulations. The reviewed laws and regulations that are unnecessary or do not keep pace with situations or remain obstacles to livelihoods or

into the encountered problems and obstacles, which in turn can be taken into account for the formulation of and improvement in the supervisory directions and mechanisms for further development of the

._____________________Remarks:* Regulatory Guillotine is the regulatory review of the existing laws and regulations. The reviewed laws and regulations that are unnecessary or do not keep pace with situations or remain obstacles

the Notification of the Office of Securities and Exchange Commission No. SorJor. 31/2563 dated 27 March 2020. It shall, also, clearly disclose the events that cause obstacles or limitation to its

regulatory review of the existing laws and regulations. The reviewed laws and regulations that are not necessary or do not keep pace with situations or remain obstacles to living or occupations will be

necessary or do not keep pace with situations or remain obstacles to livelihoods or engagement in occupations will be abolished or revised to lessen burdens on people. By doing so, methods used must be done

obstacles to living or occupations will be abolished or revised to lessen burden on people. By doing so, methods used must be done with speed, transparency, low costs with participation from all related

business expansion opportunities overseas which the SEC is willing to help facilitate and abolish regulatory impediments. Realizing a crucial role of commercial banks in distributing capital market

obstacles and promote more use of FinTech by giving more space for such innovation and reducing regulatory burdens irrelevant to user protection,? said Deputy Secretary-General Tipsuda.