The SEC, with the approval of the Capital Market Supervisory Board during its Meeting No. 11/2566 on 20 November 2023, views that – given the original intent of the introduction of NVDR is to support foreign investors’ participation in the Thai stock market without being subject to the foreign limit – it is appropriate to amend the regulations related to provision of NVDR transaction services by securities companies to prevent the misuse of such securities as a tool to evade compliance with rele...
Currently, the existing regulations require that the foreign issuer of baht bonds comply with the approval and disclosure rules in the same manner as other types of bonds. Additionally, to issue and offer for sale of baht bonds, the foreign entity issuer must obtain an approval and adhere to the obligations specified by the Ministry of Finance. However, given the changing contexts and landscape of the bond market, the relevant ministerial regulations would be repealed and instead the foreign iss...
conducting this hearing on the draft regulations and relevant attachments concerning capital requirements for securities and derivatives business operators (“business operators”) involved in digital asset
The SEC emphasizes the monitoring of risks related to capital market and the development of digital capital market, covering the areas of supervision, service provision of business operators, and the use of financial services by investors. The SEC is therefore proposing to amend the reporting rules for business operators. Currently, the existing regulations require that business operators prepare and submit a monthly report of aggregated data and update the system each time the reporting f...
now open for public comments. The key points of the draft regulations are as follows: 1) To add more types of knowledge and experience in two areas, namely: 1.1) Environment, Social and
According to the regulations established by the SEC for Thai mutual funds wishing to invest in foreign mutual funds, there is a specific requirement that such foreign mutual funds must be characterized as a collective investment scheme (CIS)*, whose CIS operator is under the supervision of a foreign securities regulator that is an ordinary member of the International Organization of Securities Commissions (IOSCO). This is to ensure that, if necessary, the SEC will be able to exchange info...
public comments on the proposed principles and draft amendments with the key points, as follows: 1. To allow SLBs to specify financial return features that link to the achievement of sustainability-related