On 22 September 2022, the Capital Market Supervisory Board Meeting No. 10/2565 passed a resolution approving the proposed amendments to the regulations related to establishment and relocation of offices or branches of business operators in accordance with the Regulatory Guillotine to increase flexibility and streamline processes and operating burdens on the business sector. Essentially, the proposed amendments would: (1) apply the same auto approval principles for the establishment of...
was sufficient and appropriate with regard to the audit of the revenue and the accrued income which were material to the financial statements, causing her to fail to detect the fictitious revenue and
businesses in case they fail to maintain capital adequacy as required.SEC has proposed a grace period of two years for existing asset management companies and trust managers in operation before the effective
break the rules or fail to perform such duty, they will be held legally liable.Moreover, information concerning unitholding or change of unitholding by directors and executives of trust managers and
addressed by everyone. As a result, those who fail to seriously emphasize on adopting the said practices will face the difficulty in running businesses in the future.
proposal to better manage business risks.The draft operational procedures rules for intermediaries which fail to meet the ongoing capital requirement are also under this public hearing.The consultation paper
from the Bank’s electronic trading system, thus causing damage to clients. Details of the misconduct are as follow: (1) In the case of {A}, she was found to fail to examine the correctness of
money laundering, etc. Moreover, the issuer must not violate or fail to comply with the law, which may cause severe and significant effects on the issuer’s business; (2) Empowering the SEC to lay out
commencement of the prosecutor’s case filing to the Court of Appeal’s final decision, was relatively fast, taking only two years and three months to complete. Should the defendants fail to comply with the
requirement on experience on affixing signature to express an opinion on financial statements to be more in line with the current auditing environment; (3) To exempt auditors in the capital market who fail