), or international standards issued by the International Federation of Accountants (IFAC) in case the FAP has yet to issue or amend its standards to be in line with such international standards

standards issued by the International Federation of Accountants (IFAC) in case the FAP has yet to issue or amend its standards to be in line with such international standards. Additionally, the firm consents

fund and may weaken the overall confidence in the mutual fund industry.   The SEC therefore is proposing to amend the rules on term funds by, for example, (1) increasing investment diversification and

SEC is proposing to amend the regulations on unitholding limitations of mutual funds. Proposed amendments include, for example, changing the methods of unitholding calculation and allowing mutual

companies; therefore, shareholders are not involved in the decision making regarding such transaction.The SEC therefore is proposing to amend the rules governing the execution of material transactions and

clear, and to amend the rule to be more flexible as that the use of proceeds which differs from what stated in the filing will be required to obtain an approval from a shareholders’ meeting only if the

all shares in other companies. SEC is therefore proposing to amend rules on REIT investment to pave the way for REIT to undertake indirect investment in real estate by holding shares in other

ordinary persons categorized in the institutional investor group to not receive appropriate protection when engaging in Repo transactions with business operators.The SEC is therefore proposing to amend the

business sectors. In so doing, the SEC cooperates and discuss with the Association of Investment Management Companies (AIMC) to amend the regulations for calculation and announcement of net asset value

technological change. SEC then proposes to amend processes related to the takeover regulations such as canceling hardcopy document submission, according to this consultation paper. The relevant reports can be