asset exchange and a digital asset broker, did not provide management structure, operating system and a sufficient number of personnel in accordance with the notification of the SEC. DAB Act S.94 in
beginning of 2020. Most respondents were in favor of the regulatory updates and suggested that other regulations could be used to oversee fund management and provide investor protection. The
management companies must provide explanation concerning the funds for investors? understanding and must also take necessary steps to ensure that investors learn of associated risks prior to making investment
objective only to risk management. The draft regulations aim to provide investors with more variety of investment alternatives and promote new income channels for securities companies as well as increase
important information of their investment policy, for the members of the provident fund to have adequate information before investing. The investment management companies must also provide convenient or
summary of the important information of their investment policy, for the members of the provident fund to have adequate information before investing. The investment management companies must also provide
addressing potential damage from operational risks. For example, a lower ongoing capital requirement would be permissible specifically for intermediaries that only provide asset management services excluding
favorable returns. Some SMEs operators see PE as treat to the ownership of the business or as possible business takeover. In fact, PE will facilitate strengthening of businesses in terms of funds, management
outliving their money. Asset management companies are prompt to provide investment management service for retail investors as well as support them to have better understanding and start investing in mutual
flexibility for asset management business; broaden business opportunities; and provide a wider variety of investment choices for investors which contribute the development in Thai capital market. In this regard