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
in an audiovisual format in a bid to respond to the changing behaviors of investors, who tend to use the Internet more as a channel to receive information and do not spend as much time on reading
monitoring of companies and is central to shareholders‟ ability to exercise their ownership rights on an informed basis. Evidence from around the world demonstrates that disclosure can be a powerful tool for
clients.SEC has drafted a regulations in accordance with the principles from the public hearings, incorporating the suggestions of the business operators. In addition, SEC has revised the criteria for the
derivatives business operators is determined by the types of license packages, each permitting a scope of various business undertakings. For example, Type A Securities Business License requires the minimum paid
The SEC is proposing to amend the regulation on filing the application for establishment and management of mutual funds by allowing electronic submission of all required documents through the Online
corporate wealth creation. Importantly, the Principles have a proven record as the international reference point and as an effective tool for implementation: They have been adopted as one of the Financial
shall make a contract of compromise as per Form OrYor. 4 prescribed by the Office. If the mediation is unsuccessful whether because the parties cannot reach an agreement or the Office is of opinion that
list. If the Office is of opinion that there is a reasonable ground for the challenge, the precedure under (1) and (2) shall be applied mutatis mutandis until the selection of the arbitrator from the
the execution of electronic transactions which would be deemed as fully legitimate as normal transactions, for example, transactions related to businesses under the SEC supervision, subscription