flexibility and coverage of the Exchange’s listing criteria for general companies which formerly took into account primarily the companies’ track records on net profit from operation. With these adjustments
business.? The objectives of the rule-amendment are to promote flexibility and prevent conflict of interest. The proposal has undergone series of discussions with various stakeholders including securities
, and to increase intermediaries? flexibility and efficiency in providing investment services conducive to fair competition with foreign counterparts.The hearing covers draft rules on provision of
comments gathered earlier from the hearing on the guiding principles in July this year, and made further revisions to enhance flexibility and appropriateness in practice.Essentially, the rules would revise
derivatives fund (DF) managers to enhance flexibility for business operation and adjust timeframes for approval procedures in accordance with the Licensing Facilitation Act of 2015. The draft amendments have
services to protect investors’ asset and stringent supervision on asset separation to keep private funds safe without asking for the approval of being custodian again. Such move will improve flexibility
types of mutual funds. SEC therefore has amended the rules governing money market funds to enhance flexibility of asset management companies in managing funds and enable them to response to the needs of
improve flexibility in business operations and encourage business operators to set effective standards of custodian services.Besides, to prevent private funds’ assets may be seized according to the legal
In the past, SEC had been approving securities business operators to assign outsourcing in other operations related to businesses for the effectiveness and flexibility of the operation. Business