“investing in digital assets comes with high risks. Those who are interested in investing must have knowledge and ability to take risks in investment losses. In a case of persuasion for investment, investors
managers who have been operating such businesses since before 27 November 2020 and would like to continue such business operation that they are required to apply for the respective licenses with the SEC by
prosecution. The power to adjudicate whether any person is guilty or not is, however, vested on the court of justice. The SEC would like to emphasize that digital asset businesses are regulated under the
considered: 1. Financial statements shall be prepared in accordance with the financial reporting standards that are acceptable to lead regulator and there shall be no expression of opinion that the auditor's
that may fall under the category of investment company, and to ensure that their operation does not demonstrate the objective of seeking investment returns for investors in a similar manner to operating
into case and found that auditor was aware of illegal activities during auditing or reviewing of financial statements according to accounting standards but failed to report the SEC, auditor would be
Governance Code Implementation of the CG Code is on an ‘apply or explain’ basis; the board is encouraged to apply each Principle and Sub-Principle by means that are suitable for the company’s business. If
no limit on the number of operating licenses. Presently, it has been found that those who have used digital assets to take advantages and deceive people on investment. SEC would like to ask the public
, etc. There are two types of administrative actions taken by the SEC Office, namely: Administrative order issued in accordance with the governing laws when a regulated person fails to maintain
allowing the custodial wallet providers that are listed companies or subsidiaries in the group, who have expertise, experiences, and readiness in custody of securities and other financial assets and in