Bangkok, January 15, 2014 ? The SEC is seeking public comment on proposed revision to the rules of capital requirements for securities and derivatives investment advisors (IA) as well as brokers, dealers and underwriters whose licenses are limited to investment units (LBDU operators). Under the proposed revision, IA, and LBDU operators will have to comply with the capital requirements variable to the business?s revenue or expenses to reflect the operational risk better that flat rate requirement...
Bangkok, January 20, 2014 ? The SEC is seeking public comment on draft rules on cross-border offering of ASEAN collective investment schemes (ASEAN CIS) to retail investors. When compiled with non-retail offering rules already in force, the ASEAN CIS cross-border offering rules will be comprehensive and more user-friendly. The proposed drat rules have been developed under the ASEAN Capital Markets Forum (ACMF)?s implementation plan, the ASEAN CIS framework and the common standards concerning qu...
Bangkok, January 22, 2014 ? The SEC is seeking public comment on proposed revision to the rules of customer contact and service for all licensed business operators to standardize the relevant requirements applicable to them. Under the proposed revision, for example, the operators will have to provide unprejudiced advice, supervise the approved contact person giving advice through any media or channels, and service of high risk or complexed products. The consultation paper is available until Janu...
Bangkok, December 4, 2013 ? The SEC is seeking public comment on revision of the rules to allow licensed brokerage firms to expand the service on overseas investment in a wider range of financial instruments, depending upon the customers? risk appetite. Licensed underwriting firms will be permitted to underwrite overseas financial instruments in Thailand while other licensed business operators will be allowed to offer the service permissible under their licenses on overseas financial instruments...
Bangkok, June 24, 2013 ? The SEC is seeking public comment on draft revisions to the rules governing establishment and management of infrastructure funds and Real Estate Investment Trusts (REITs). The proposed revisions intend to facilitate and promote the establishment of the said funds by lowering the unit-holding limit of infrastructure asset owners and improving vote-counting methods for seeking unitholders? resolutions. The rules governing debt-liked investment units and the rules on seekin...
Bangkok, July 30, 2013 ? The SEC is seeking public comment on draft amendments to the rules governing derivatives investment of provident funds to increase investment channel and opportunity for provident funds to seek more returns. The amendments are in line with international pension standards and adhere to the principle of assets stability and risk diversification of investment to safeguard provident funds, setting up with the objective for retirement savings, from high risk exposure. This...
Bangkok, September 26, 2013 ? The SEC is seeking public comment on compiling and standardizing the rules and guidelines concerning all types of capital market personnel for ease-of- use. The consultation paper is available until October 7, 2013The consultation paper is available on the SEC website at www.sec.or.th. Stakeholders and interested parties are welcome to submit comments through the website, or facsimile number at 0-2263-6311 or email address at rangrong@sec.or.th until October 7, 2013...
Bangkok, September 12, 2013 ? The SEC is seeking public comment on draft amendments to the disclosure rules on financial statements of foreign bank branches to emphasize on the branches? financial statements to better reflect ability to repay both short and long term debt securities issued by the branches in Thailand. The consultation paper is available until September 25, 2013.The proposed amendment addressed a concern on legal issues in case where the foreign bank branches in Thailand encounte...
consultants after a hearing on the principles for revisions of approval regime was launched earlier. This aims at elevating standards of professions and allowing opportunity for the increase of new market
Bangkok, June 16, 2015 ? The SEC is seeking public comment on the draft regulations to be issued under Section 152 of the Derivatives Act B.E. 2546 (2003) on payment of bounty to the informer. Under the Act, the SEC has the power to give the informer a bounty in the amount up to 30% of the fine, paid by the wrongdoer to the court for commissioning the offences of market manipulation, cornering, dumping or controlling in connection with underlying goods of derivatives contracts and insider tradin...