legislation.A piloting process is underway to test arrangements. A number of fund managers and service providers are participating in the pilot with regulators.The pilot is expected to include making and

would be required to ensure that investors who are not legal entities classified as institutional investors, ultra-high-net-worth investors or high-net-worth investors take a knowledge test before

' Association, the Association of International Banks, the Thai Financial Planners Association, the Thai Investors Association and the Thailand Securities Institute in standardizing suitability test for