securities public offering (PO). The revised rules require the issuers of non-listed company not have any records of severe misconducts for a certain period prior to securities offering submissions. For
money laundering, etc. Moreover, the issuer must not violate or fail to comply with the law, which may cause severe and significant effects on the issuer’s business; (2) Empowering the SEC to lay out
severe and significant effects on the issuer’s business; (2) Empower the SEC to lay out guidelines in detail regarding the consideration of cases involving severe legal violation or causing severe and
unwavering commitment to strengthen collaboration among members and with development partners to implement the Roadmap for ASEAN Sustainable Capital Markets and ACMF Action Plan 2021-2025 in pursuit of the
order to execute enforcement and may also file a criminal complaint with the inquiry official for further criminal proceedings in case of refusal to pay a civil penalty. In any case, more severe
sufficient information before passing a resolution, especially the opinion of the company's board of directors. In addition, the provisions on prescription of more severe penalties are proposed in case the
the consideration of withdrawal cause in the event that listed company has financial problems or fails to comply with the regulations and thus generate severe impact, for example, the shareholders
The spread of COVID-19 pandemic since March 2020 has resulted in severe volatility in debt and equity markets around the world, and consequently stimulated investment outflows from mutual funds
an important first sign to consider whether or not a prespective company is worth investing. The SEC therefore requires immediate disclosure and reporting in case of severe damage, business
revealed to the public are liable to criminal sanctions. More severe penalties will be imposed in case the act is done with an aim to deceive investors or general public. The SEC thus urges executives and