In the past, SEC had been approving securities business operators to assign outsourcing in other operations related to businesses for the effectiveness and flexibility of the operation. Business providers are still responsible for any actions operated by the outsourced company while the outsourced company must also have the readiness in both personnel and the operating system, and such operation must be under appropriate supervision.SEC is revising the regulations regarding supervision of...
cyber threat to ensure that clients’ digital assets under their custody are safe. Essentially, digital asset business operators are required to establish a cybersecurity system in accordance with the
digital asset business that would be required to apply for a license. The SEC later conducted a public hearing on a proposal to revise the regulations in this matter to ensure safe and standardized digital
and underwriting of investment units and securities borrowing and lending. This is to ensure sufficient information for monitoring and examining safe-keeping of client assets. The consultation paper is
search for newly issued bonds and sort the results by the subscription date, the term length, the interest rate, and the name of issuer. In addition to the basic search function by the name of issuer
following and inquiring about cybersecurity measures and data security from your service providers, including cooperating with them to ensure that your data and assets are safe.” In addition, the SEC
services to protect investors’ asset and stringent supervision on asset separation to keep private funds safe without asking for the approval of being custodian again. Such move will improve flexibility
services to protect investors’ asset and stringent supervision on asset separation to keep private funds safe without asking for the approval of being custodian again. Such move will improve flexibility
(CMDF) as a center to promote market development: The development function shall be separated from the exchange function to increase efficiency of the SET operation.(6) Enhancing effectiveness
business operator when outsourcing its business-related function to a third party which will apply to all types of digital business operators.* In addition, SEC has amended other parts of regulations which