years, while the existing rotation period was 5 years and the existing cooling-off period was 2 years. The revision will be effective from 1 January 2019”. To mitigate impacts at the initial phase of

businesses in case they fail to maintain capital adequacy as required.SEC has proposed a grace period of two years for existing asset management companies and trust managers in operation before the effective

facilitate the business operations. This notification will be effective from 16 June 2018.

in business operations and encourage business operators to set effective standards of custodian servicesIn addition, in order to prevent assets for the person authorizing the management of the

in business operations and encourage business operators to set effective standards of custodian services.In addition, in order to prevent assets for the person authorizing the management of the

improve flexibility in business operations and encourage business operators to set effective standards of custodian services.Besides, to prevent private funds’ assets may be seized according to the legal

be properly supervised by the business providers and for a more effective supervision system to make the regulatory system more efficient and comply with international standard, such as, the right to

and fill in the vacancies. All appointments and rotations have become effective since 1 January 2023.The appointments of departmental directors are as follows:1. Mr. Putthimes Thanarersk, Director of

regional regulators on new challenges that could have an impact on the balance between effective supervision and financial innovation.The seminar took place in Bangkok during 22 - 26 August 2016.

56-1 and Form 69-1 are expected to become effective for the financial periods ending 31 October 2017 and 1 April 2018, respectively.The consultation paper is available at www.sec.or.th/hearing