: Determination of Paid-Up Registered Capital of Licensed Operators to Undertake Derivatives Business A Gathering of all Intermediaries Regulations Regulated Entities о Rules and Regulations / Licensing
insurance company licensed under law on commercial banking or law on life insurance, as the case may be, such applicant shall- (1) be able to maintain capital funds and set aside reserve capital in accordance
making an investment decision, or misled investors in a manner of concealing or disguise or making up non-existing facts. 6. Being licensed or registered as the derivative dealers pursuant to the
of private fund management is a legal entity under Clause 2(1) to (5), but not a branch of foreign commercial bank or a foreign life insurance company licensed under law on commercial banking or law on
administrative orders on individuals or juristic persons under the SEC's supervision, in other words, persons licensed, approved, or registered in accordance with the laws administered by the SEC. For example
stakeholders. In addition, licensed derivatives exchanges must comply with the regulations of the SEC, such as complying with the rules on business operations and receives approval of its rules and the form and
company licensed to undertake securities business in the category of mutual fund management; (d) life insurance company under law on life insurance; (e) financial institution or legal entity
Ministerial Regulation and has paid the license fee for the year of such effective date shall be allowed to continue undertaking securities business as licensed and shall not be required to pay annual license
securities business as licensed and shall not be required to pay annual license fee afterwards." This English version is prepared by Legal Department with the sole purpose of facilitating the comprehension of