Bangkok, February 3, 2011 - The SEC is seeking public comments to relax regulations on minimum IPO period and registration of assets in case of general mutual fund to facilitate more flexibility for
eliminate private fund's custodian reporting requirement as the custodian does not value the assets on mark to market basis. In order to provide investors with more accurate information on the fund's asset
eliminate private fund?s custodian reporting requirement as the custodian does not value the assets on mark to market basis. In order to provide investors with more accurate information on the fund?s asset
while classification of assets treated as capital will be more flexible. In this regard, guidelines for the business operators unable to maintain adequate capital will also be prescribed. The consultation
prescribed. The proposal includes rectification period, restriction of business operations during rectification period and undertakings in case of failure to rectify. The proposed rules will provide more up-to
of exploring and gathering documents and evidence as well as more information from overseas authorities for valuation of overseas investment. The SEC therefore allowed VTE to submit the audited
provident funds in response to market development while widening investment asset varieties and in line with international standards. Key proposed changes include introduction of more principle-based eligible
effective by Q4/2014 will be more responsive to current circumstances and the Bank of Thailand oversight while enhancing efficiency of fund raising for private sector by issuance of structured notes.
capital market system and will provide more up-to-date and practical framework. The consultation paper is available on www.sec.or.th. Stakeholders and interested parties are welcome to submit comments
aims to facilitate private sector?s issuance of new financial products in response to market needs. Under the proposal, the principle-based set of rules enabling a more flexible coverage of various