supervision would expand to cover additional entity types under the SEC regulations; (2) Define clear roles, responsibilities and involvement of the board of directors, including the governance body, to ensure

, making it impossible for the owner to report to the SEC within the specified period of time;(4) Clear determination of the reporting date in case of obtaining shares from capital increase or convertible

related to utility tokens or cryptocurrencies that have any of the following characteristics:     (1)  Meme token: having no clear objective or substance or underlying, and whose price running on social

needs and size of its business; (2) “fundraising tools” to make ones know and understand fundraisings in different forms and channels through an easy and simple presentation and have clear pictures

-informed decisions with the expectation for high returns and even topped up benefits from signing up other persons into the network scheme. These solicitations of digital asset investment may also lack clear

startups to access sources of capital efficiently at reasonable costs.”“Presently, SEC has the existing equity crowdfunding rules since 2015 for SMEs and startups with clear business plans to gain easier

’ meeting and other related documents may be sent electronically.At the same time, SEC is setting out a clear guideline for determining in which cases asset management companies may seek an approval from

is intended to propose the draft notification that will cover the clear segregation of work for the delegation of other persons to operate.  The draft notification also allows business operators to

of ESG factors on their investments and local markets. While the quality and quantity of ESG data continue to improve, clear and uniform reporting standards remain at an early stage. We are pleased to

other parties related to the transaction. When applying to Real Estate Investment Trusts (REITs), the regulations will make clear that REIT manager is responsible for disclosure of information on REITs