Public Disclosure Obligation

Introduction

Investors transact in financial markets based on information reviewed. Such investment decisions are normally accessible as per public disclosures of each respective company. Accordingly, it has a significant impact on both the investors and the capital markets instruments to make public disclosures at the correct time, and with accurate content (other than the entities that are collecting funds through crowdfunding platforms) by legal entities, who issue capital markets instruments, who apply to the Capital Markets Board ("Board") to issue such instruments, or whose capital markets instruments are offered to the public and mutual funds. This Newsletter will mainly focus on the quality of the mandatory public disclosure obligations of the issuers under the capital markets legislation, and the procedures and principles of public disclosure as a result of continuous and material events.