compromising appropriate investor protection and convenience for business operation.The SEC therefore proposes to amend the regulations related to granting of approval to appraisal companies and lead
digital assets safely. They should also have learnt about DA operators’ asset keeping for their risk assessment and service decision-making. In this regard, the SEC is proposing criteria on information
supervision and risk assessment of intermediaries and the monitoring of industry development, to prevent excessive burdens on securities and derivatives intermediaries.The proposed revision covers the reporting
include requirements for information technology governance and auditing by IT specialists. It also outlines the timeline to submit the IT audit report and IT Risk Assessment results, which must be
. In addition, the SEC reiterates that listed companies should take action and consider various factors relevant to digital asset investment. For example, risk assessment and potential impacts, measures
indicated impressive improvement in terms of audit manuals and audit programs for most of the audit firms. Nonetheless, more emphasis on some areas is needed, such as planning and risk assessment as well as
to the IT Standard Rules this time are summarized as follows: (1) Establishing IT-related risk assessment criteria to define the entity’s risk level and to specify standards of IT security controls
annual registration statement of the fund.In addition, asset management companies and trust managers are required to disclose the latest asset appraisal report and appraisal review report within 30
checkups through a risk assessment test and target determination; (2) determining an investment plan according to acceptable risks and targets determined; (3) making investment according to an investment
diligence on the projects, verify investors’ identities and status, and conduct risk assessment of investors. Issuing of each ICO can be offered the unlimited amount to institutional investors, ultra-high