SEC had proposed, in principle, to amend the definition of major shareholder of the securities companies which at present is determined based on the “number of voting shares” to the “number of
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
private fund from being seized by legal process if asset management companies are in debt, SEC has proposed to revise the related regulations in order that the investors’s assets could be protected if
process if private fund operators are in debt, SEC has proposed to revise the related regulations so that the investors of the private fund could be protected the assets if this situation happens.SEC
plants.The proposed amendments will make it more conductive for business operators with multiple small power plant projects to raise capital through infrastructure funds. The minimum investment requirement
directors and executives and (3) proposed for change of nature of business undertaking of the company. The statement also includes details on the date of negotiation on the aforesaid matters and the list of
prospectus to be clear and concise by taking into account recommendations from industry.The proposed revisions aim to (1) simplify format for information disclosure, (2) facilitate minor amendments to be more
wider range of products and enhance international competitiveness of Thai intermediaries.In drafting the proposed rules, the SEC has taken into consideration the stakeholders? comments and suggestions
will be imposed if inappropriate behaviors of issuing companies such as concealment of information or cooking the books have been found. The issuers covered under the proposed revision are non-listed