financial difficulty and unable to maintain adequate net capital as prescribed. The revised rules include rectification period, restriction of business operations during rectification period and undertakings
bonds. This will remove procedures and cut unnecessary costs. Offerings to institutional investors, venture capital firms, private equity firms, as well as their directors and employees, will be able to
other related rules. The draft amendment, having previously undergone a focus group consultation, aims to remove impractical procedures and enhance consistency of relevant provisions under the principle
regarding director appointments to remove legal restrictions and allow the company to resume business.The critical issues to be considered at the meeting are crutial to the company's ability to resume normal
restriction in case where the asset management companies are unable to maintain adequate capital. As the asset management companies have been allowed to apply for undertaking of business as a trustee, the
prescribed. The proposal includes rectification period, restriction of business operations during rectification period and undertakings in case of failure to rectify. The proposed rules will provide more up-to
. Reviewed by taking into account comments and recommendations of the business operators received from the previous public hearing, the draft rules include rectification period, restriction of business
proposed amendments would: (1) apply the same auto approval principles for the establishment of local branches to the applications for establishment of foreign branches as well, (2) remove the mandatory
may cause damage to the interests of the public. Additionally, there are reasonable grounds to believe that, unless the period of asset attachment is extended, the offenders would remove or dispose
revision process. The final Draft Act will be submitted according to the National Legislative Council's procedure in due course.?In addition to the legislation, the SEC is simultaneously working to remove