Readers should be aware that only the original Thai text has legal force and that this English translation is strictly for reference (Unofficial Translation) PAGE Readers should be aware that only
The move follows the Commerce Ministry’s decision today to declare the whole IFEC board of directors consisting of only the three named individuals. On 7 June 2018, the Commerce Ministry’s
Section 117 Securities and Exchange Act B.E. 2535 Section 117. In the management of a mutual fund, a securities company may set up and manage a mutual fund only when its application to set up the
profit or sharing income among themselves, securities business, only by virtue of the provisions of this Act.
on financial management. Among those who have savings, only 25 percent of them have planned for their retirement and achieved the goal, indicating that for majority of the Thais, there is much room for
individual, and shall be allowed to undertake a derivatives business only after a license from the SEC has been obtained. Any derivatives business operator which is a legal entity under Section 17 and engages