Protection Policy applies to the business operators who have been licensed by the SEC Office, the market professionals who have been approved by the SEC Office, other persons approved by the SEC Office, as
preserving retirement savings. Over the past several years, the importance of corporate governance has been highlighted by an increasing body of academic research. Studies have shown that good corporate
in the Principles, subject to exceptions to prevent abuse. It has long been recognised that in companies with dispersed ownership, individual shareholders might have too small a stake in the company to
process organized by the Office shall have the following characteristics: (1) The dispute arising from the respondent’s failure to comply with the contract, the Securities and Exchange Act, the Provident
process organized by the Office shall have the following characteristics: (1) The dispute arising from the respondent’s failure to comply with the contract, the Securities and Exchange Act, the Provident
process organized by the Office shall have the following characteristics: (1) The dispute arising from the respondent’s failure to comply with the contract, the Securities and Exchange Act, the Provident
borrowing and lending, and joint venture management. As a result, any intermediary wishing to operate only brokerage business, for example, would have to meet the high minimum paid-up capital rule despite its
ensure timely and high quality disclosure, including about non-financial issues. Asian jurisdictions still have a long way to go to fully developing such institutions. The oversight bodies should also be
order for the capital market to effectively fulfill this role on a long-term basis, it is imperative that those who are stakeholders in the market have trust and confidence in its integrity. Towards that
have an impact on the overall capital market, with the provision that the business operators must select a service provider from the list of service providers approved by SEC. In addition, the draft