2019 whereby clients will no longer be able to purchase, sell or trade digital assets via Bitcoin website ( SEC News No. 105/2019 ) SEC warns BX clients to keep away from unsolicited transfer of
Business Tax (SBT)/stamp duty for transactions of asset transfer to infrastructure funds; deduction of fees charged by the Department of Lands. Regulatory Summary Types of assets for investment
Business Tax (SBT)/stamp duty for transactions of asset transfer to infrastructure funds; deduction of fees charged by the Department of Lands. Regulatory Summary Types of assets for investment
+ restrictions in transfer of trust units with provisions in more details Termination of a trust When a trust sells off the infrastructure assets and is unable to increase the investment to bring to net
company shall establish a system for redemption of investment units, and a system for examination of purchase or redemption of investment units. (2) Transfer of investment in investment units, as well as
company shall establish a system for redemption of investment units, and a system for examination of purchase or redemption of investment units. (2) Transfer of investment in investment units, as well as
of an Infrastructure Fund (IFF) and Infra Trust. Regulatory Summary Structure of infra trust The major rules Investments in infrastructure assets A Trust for high net-worth investors vs retail
company must act pursuant to the criteria of related party transactions. Additional requirements for warrant – PP Approval for warrant – PP must be registered with transfer restrictions. In case of an
distribution to class A and receive after paying to class A ( 5 ) Transfer from a provident fund (PVD) or retirement mutal fund (RMF) (using the existing RMF rather than establishing a new fund) General
distribution to class A and receive after paying to class A ( 5 ) Transfer from a provident fund (PVD) or retirement mutal fund (RMF) (using the existing RMF rather than establishing a new fund) General