The measures include the Bank of Thailand (BOT)’s permission for financial institutions that have purchased investment units of daily fixed income funds to place such investment units as collateral
, including allowing investors an additional tax privilege for their investment in SSF units investing not less than 65% of net asset values in listed securities on SET. Investors are permitted to deduct an
to ensure that asset management companies have standardized work and also ensure that they are consistent with conditions for tax privileges. The investors investing in SSF units could get
. In a move to restore capital market confidence, the cabinet approved an additional tax privilege for people who purchase investment units in Super Savings Fund (SSF) which invests not less than 65
include listed securities and investment units of open-ended funds with daily redemption feature, except investment units with transferable restrictions. In any case, such repo transactions would have to
proposed granting corporate income tax exemptions to “mutual funds” whose units are subscribed solely by provident funds. In light of this approach, SEC is revising the regulations on establishing mutual
investors better. Key changes in the amendment include:- Expanding the payment amount of redeemed investment units on the unit trading day- Allowing asset management companies to fix the fund’s constant net
principles for such kind of fund conversion.The key provisions include (1) permission to pay for the purchase of property fund assets during the fund conversion process with trust units or combination of trust
seeking unitholders? resolutions. The rules governing debt-liked investment units and the rules on seeking unit-holders? resolutions for capital reduction will also be revised with the aim of clarifying and
aspects and age groups is attracting support and endorsement from all sectors. The SEC recognizes and commends businesses that value the importance and benefits of providing knowledge to the public on a