mutual funds under management of the same asset management company only up to two tiers for general mutual funds may not be flexible enough.  The SEC has therefore revised the governing rules in this

accounting standards while auditors must work for audit firms that have a quality assurance system in place. In addition, the SEC encouraged trade associations to expedite its preparation for self-regulation

forthcoming liberalization within five years. Message from the Secretary-General 4 not only empowered businesses but also furthered the moves toward the SEC's much anticipated self- regulation. On social

sending in line application. The banking and financial sector will be affected directly. Self-adjustment must be made and new forms of business must be found to cope with this likely trend as it could

Code of Governance for South Africa.  10. International Federation of Accountants, 2011. Competent and Versatile. How Professional Accountants in Business Drive Sustainable Organisational Success.  11

As a result of the current situation, business operators have to self-adjust in response to technological disruption, the changing environment, and investors’ changing behaviors in order to

17021 Train-the-Trainer Program Training, accreditation and regular CPD events Assurer Training and Accreditation Program UNDP-DUKE IMM for the SDGs - free Coursera online self-directed training course

practitioners to become self-regulated community, especially in the oversight of members’ compliance with ethical and professional codes of conduct and imposition of disciplinary actions. The SEC has also

of Technology, an MBA and a Doctorate in Business Administration from Harvard University. With versatile experience in the financial market, he held key positions in various public and private

of providing a self-service platform for customers through the use of communication equipments or computer while the office of securities company is closed , such securities company shall open 24 hours