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Important Measures

Personnel of a SITE and a securities investment consulting enterprise (SICE) are allowed to concurrently serve as the same positions in a domestic subsidiary owned by their company through reinvestment

2019-06-14
 
In order to ensure consistency of the regulations governing concurrent employment of personnel of SITEs and SICEs in foreign and domestic subsidiaries owned by the enterprise through reinvestment and considering that internal auditing and legal compliance personnel of SITEs and SICEs concurrently serving as the same positions in domestic subsidiaries do not cause serious conflict of interest, the FSC allowed internal auditing and legal compliance personnel of SITEs and SICEs to concurrently serve as the same positions in domestic subsidiaries on April 19, 2019.
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  • Update: 2019-06-14
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