The SEC Board has approved outsourcing work systems of ICO portals for increased efficiency. Amendments will allow outsourcing of system operations and certain due diligence tasks to strengthen the ecosystem and regulatory oversight.
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The SEC Board has approved outsourcing work systems of ICO portals for increased efficiency. Amendments will allow outsourcing of system operations and certain due diligence tasks to strengthen the ecosystem and regulatory oversight.
The Securities and Exchange Commission Board (SEC Board) has resolved to approve the outsourcing of all work systems of ICO portals, including certain due diligence tasks, to third parties (outsourcees). This aims to increase flexibility and alignment with the nature of the business, foster the ecosystem of investment token offering services and enhance regulatory oversight efficiency.
The SEC Board has approved the principles for amending the regulations concerning ICO portals to allow the outsourcing of all system operations related to ICO portals, including certain due diligence tasks. This aims to increase flexibility and business efficiency, as well…