SEC is proposing to amend the regulations on unitholding limitations of mutual funds. Proposed amendments include, for example, changing the methods of unitholding calculation and allowing mutual
business sectors. In so doing, the SEC cooperates and discuss with the Association of Investment Management Companies (AIMC) to amend the regulations for calculation and announcement of net asset value
fund and may weaken the overall confidence in the mutual fund industry. The SEC therefore is proposing to amend the rules on term funds by, for example, (1) increasing investment diversification and
technological change. SEC then proposes to amend processes related to the takeover regulations such as canceling hardcopy document submission, according to this consultation paper. The relevant reports can be
the public and all relevant stakeholders regarding the principles to amend these two Acts as follows: (1) broadening the channels for business operators to disclose financial statement information and
companies; therefore, shareholders are not involved in the decision making regarding such transaction.The SEC therefore is proposing to amend the rules governing the execution of material transactions and
clear, and to amend the rule to be more flexible as that the use of proceeds which differs from what stated in the filing will be required to obtain an approval from a shareholders’ meeting only if the
all shares in other companies. SEC is therefore proposing to amend rules on REIT investment to pave the way for REIT to undertake indirect investment in real estate by holding shares in other
investors.However, SEC intends to amend the regulations to give permission for asset management companies with a custodian services to protect investors’ asset and stringent supervision on asset separation to keep
. Asset management companies also appoint custodians approved by SEC to safely keep the assets of investors.However, SEC intends to amend the regulations to give permission for asset management companies