issue of decreasing capital adequacy ratio below the requirement specified under the Insurance Law. He obtained the material non-public information by virtue of his positions before such information

investing in digital assets unless they have already passed such a test. This proposal aims to reduce the burden on both ICO portals and investors by canceling the requirement for such assessment every

legal requirement on minimum face value of debentures may be too high and hinder retail investors to access debt markets, or the prohibition of set-off can cause unnecessary procedures and fees to issuer

audit firm;   (2)  To relax the requirement on the number and nature of business whose financial statements must be given an opinion and affixed with the auditor’s signature, as well as to adjust the

, repealing the requirement to have the fund supervisor approve a property insurance agreement, extending the income guarantee clause to cover an event of capital increase filing, and repealing the

operations.The requirement to appoint independent directors, however, will not apply to certain cases; for example, securities and derivatives investment advisors due to their relatively small size and few staffs

deeply appreciate the tireless efforts and dedication of SC, MAS and SEC Thailand in facilitating the admission of the Philippines into the ASEAN CIS Framework, especially the members of ASEAN CIS

for the quantity in excess of the minimum purchase requirement, as specified in the agreement, with retroactive effect from 1 April 2017. 4. Total value and the criteria for determining the

;    2. Exemption from Offering Requirements: The issuance of G-Tokens will be exempt from offering requirements, including filing and draft prospectus submission, and the requirement to offer digital

leading the public to believe that the said company is: (1) a social enterprise thus allowed to make a public offering without the requirement to obtain approval or file a registration statement with SEC