Under the SEC’s policy, digital asset business operators are not allowed to provide or support deposit taking and lending services to prevent possible damage to digital asset investors and the public in the possible event of service discontinuance or financial problems that may occur on a continuous or concurrent basis among service providers as has recently been the case for foreign counterparts. In addition, the draft regulation is expected to further clarify the scope of supervision of digita...
On 17 May 2022, the Capital Market Supervisory Board Meeting No. 4/2565 passed a resolution approving in principle the proposed amendments to the regulations on approval for issuance and offering for sale of newly issued securities to the public (IPO) whereby issuing companies and listed companies would not be allowed to operate business as an investment company to prevent the misuse of the IPO channel as a tool to evade or contravene the governing law and regulations (regulatory arbitrage) on t...
underwriters. The proposed new rules cover the addition of municipal bond as securities, and filings in English version when foreign securities are offered, and the prohibition imposed to underwriters, their
deadline for the IPO post-offering report from 45 to 7 business days as from the closing offer date in sync with the deadline for securities listing; and 3. To extend the prohibition period for share
legal requirement on minimum face value of debentures may be too high and hinder retail investors to access debt markets, or the prohibition of set-off can cause unnecessary procedures and fees to issuer
?SECID=7715 SEC and SET run a joint public hearing on the proposed prohibition of investment company characteristics in issuing and listed companies : * Consisting of the laws and regulations concerning
equity market growth and to serve the needs of the real economy worldwide. The most important achievement of the meeting was the adoption of a Guide to strengthen corporate governance through effective
on this key step to safeguard the environment and spur sustainable national economic development. • Achievement of this goal is a testament to the strong leadership and commitment of the government and
, SEC Secretary-General said, ?The MOU is another significant accomplishment of the ACMF in developing ASEAN as an asset class. The achievement of a multi-jurisdiction securities offering will pave the