Asset Advisor, Digital Asset Fund Manager, and Custodial Wallet Provider. In this regard, it is important to ensure that licensing process effectively screen the readiness and qualifications of the
not wish to offer. Additionally, the license fee structure would be revised to ensure it would not affect the rights of the existing businesses, and the existing business licenses will be automatically
requirement and revision to the securities settlement cycle. This is to ensure stability, fair treatment, and non-discrimination among all types of investors.Additionally, the SEC requested the ASCO to review
the qualifications of applicants for approval of debt offerings in accordance with consistent guidelines and standards to ensure greater clarity and practicality.The proposed regulations for issuance
therefore urging digital asset business operators to emphasize the importance of cybersecurity on a continuing basis and to assign a responsible entity to oversee the matter to ensure that they can provide
.; (2) Conduct a Know-Your-Client (KYC) due diligence to verify the identity of the investor or the ultimate beneficiary, proceed in accordance with (1) before approving an account opening to ensure that
The SEC emphasizes the importance of supporting relevant parties and key stakeholders in the financial reporting ecosystem to ensure that they are capable of performing their duties appropriately
the SEC’s strategic priority to build cyber resilience and to ensure that licensed corporations have efficient IT systems and resilience to cyber threats and are able to comply with the governing rules
rules concerning application for securities registrar license. This is to ensure the continued enforceability of Section 206 and Section 222 of the SEA and to comply with Section 22 of the Act on
their opinion on financial reporting as required by relevant professional standards to ensure that financial reporting represents its true and fair economic substance, operational performance and is