SEC has amended the procedure to make it easier for asset management companies to seek a unitholders’ resolution to revise or modify a mutual fund project and its management procedure by
An unspecified person Destruction of the seals the competent officers made on the seized assets in connection with "Antella Investment". SEC Act S.304 Criminal Complaint Filed with an
Mr. James Gray Removal of the assets seized by the competent officers through execution of their duties in connection with "Antella Investment Inc.". SEC Act S.305 Criminal Complaint
private fund from being seized by legal process if asset management companies are in debt, SEC has proposed to revise the related regulations in order that the investors’s assets could be protected if
improve flexibility in business operations and encourage business operators to set effective standards of custodian services.Besides, to prevent private funds’ assets may be seized according to the legal
company who fails to perform his duties with responsibility, due care and loyalty.) Section 305 (Person who damages, destroys, conceals, any property or document which the competent officer has seized
report the facts and assess the potential impact or damages in respect of such act as well as analyse the issues and propose the actions to be taken to the Minister. Section 12. The SEC shall have the
issues and propose the actions to be taken to the Minister. Section 12. The SEC shall have the power to appoint a sub-committee to perform any matter as assigned by the SEC. The provisions of Section 12 of