clients? order, the Ministry of Finance is allowing both companies to continue their business operation until 14 January 2019.Regarding clients? assets under custody, the companies are requested to transfer
to conduct an audit work of such juristic person, if the auditor discovers any suspicious circumstance that a director, manager or any person responsible for the operation of such juristic person
. In addition, the SEC reiterates that listed companies should take action and consider various factors relevant to digital asset investment. For example, risk assessment and potential impacts, measures
up with an action plan to achieve such goal shortly. We are also working on necessary preparations for ASEAN Capital Market Implementation Plan such as setting up working groups, and the SEC will
those failing to comply with the law may be imposed with legal action.” On 2 July 2021, the SEC filed a criminal complaint against Binance,* a foreign digital asset business operator, for providing
related to business operation regarding benefits for economic and social development, potential for long-term business continuity or compliance with other laws including environmental impacts beyond legal
identified, e.g., profits generated from normal business operation with potential recurring in the following years as opposed to those from speculative transactions during economic upturn such as profit from
:?It is pleasing to see the efforts being put into ensuring the successful operation of the Passport. Before formal commencement the JC wants to consider the experience from the piloting process testing
reports to the SEC Office with regard to their financial condition, business operation or any other information which may affect the rights and interest of digital asset holders or investment decision