must not exceed the maximum limits specified in the scheme and the prospectus of the offer for sale of the investment units. (1) For advertisement expenses that a mutual fund management company may
must not exceed the maximum limits specified in the scheme and the prospectus of the offer for sale of the investment units. (1) For advertisement expenses that a mutual fund management company may
specific law as specified by the SEC and published in the Government Gazette; or (6) newly established limited company or public limited company to undertake securities business in the category of private
law on securities and exchange ; (4) life insurance company under the law on life insurance; (5) financial institution set up under specific law as specified by the SEC and published in the Government
filed with the SEC via the SEC office in form and together with supplementary documents specified in the SEC’s Notification as published in the Government Gazette. Clause 3 The SEC shall recommend
Notification as published in the Government Gazette. Clause 3 The SEC shall recommend Minister to grant his approval on establishment of limited company or public limited company within ninety days from the date
actions: 1. Suspend a filing of a new application for normal or automatic approval for a maximum period of not over one year; 2. Prohibit the mutual fund management company from the initial public
actions: 1. Suspend a filing of a new application for normal or automatic approval for a maximum period of not over one year; 2. Prohibit the mutual fund management company from the initial public
preparing for the FSAP assessment since 2016 by conducting self-assessment, amending regulations and processes to close any regulatory gaps found deviated from the newly published IOSCO Principles (May 2017
Commerce; (5) any relevant document specified by the SEC and published in the Government Gazette; Clause 4 When the SEC receives of the application in accordance with Clause 3 and is of the view that the