of the SEC’ s operation 1 2 3 4 5 6 1. Supervision of Securities Business 3/10 • For flexibility of securities business supervision and supporting Financial Technology • To promote development and
financial system, the economic of the country or the stability of the trading and settlement system of the derivatives market, the Capital Market Supervisory Board shall have the power to order the
stability of the financial system, the economic of the country or the stability of the trading and settlement system of the derivatives market, the Capital Market Supervisory Board shall have the power to
value in accordance with the accounting standards; (2) value determined by the financial advisor as reasonable price for transfer of assets that has taken into account credit enhancement for
consideration or that prejudice the creditors: (1) book value in accordance with the accounting standards; (2) value determined by the financial advisor as reasonable price for transfer of assets that has taken
securitisation business is an important financial process which can be used to solve the problem of shortage of both short-term and long-term fund in numerous business sectors. Securitisation business will also
Section 31/7 as commission members, among whom there shall be at least one legal expert, one accounting expert and one financial expert. The Secretary-General shall be a commission member and the secretary
protecting investors, promoting fairness, efficiency, transparency of the capital market, and reducing financial systemic risk, and also in convergence with the National Strategy and the National Economic and
entity established in any other forms as specified in the notification of the SEC. "securities company" means any company, or financial institution licensed to undertake securities business under this Act
, efficiency, transparency of the capital market, and reducing financial systemic risk, and also in convergence with the National Strategy and the National Economic and Social Development Plan. 13 DIVISION 34