business operators and investors, and enhance competitiveness of the Thai capital market,” added Ms. Ruenvadee. ______________________
The SEC has implemented the regulatory guillotine scheme,** which aims to review and revise regulations to suit the current situations, enhance competitiveness, and facilitate operations of
wider access to financing sources for business operation of Thai small and medium enterprises, and to enhance the overall efficiency of Thai financial sectors.
SEC together with FETCO share a common view to enhance FETCO position to “The Capital Market Federation of Thailand” which would have legal status as a “juristic person” like other federations in
investment unit brokerage to maintain ongoing capital at a ratio appropriate for their business and in line with international standards. In addition, the new rules would enhance business continuity while
repeal of the trading lock-up rules whereby an offer for sale of shares that have been sold at a lower price than the SPO price are prohibited. This is to enhance the SPO process and allow an appropriate
securities holders and enhance practicality for business sectors which may have difficulties complying with the regulations,? said SEC Secretary-General Thirachai Phuvanatnaranubala. # # #
choices in fund of funds with policy to invest in permissible products and a variety kinds of investment products denominated foreign currencies.Meanwhile, to enhance the business operator?s competitiveness
to international standards and helps enhance transparency and investor confidence in financial reports and disclosures in the Thai capital market. In strengthening audit quality, the SEC revised
promotion of other types of mutual funds to enhance clarity and appropriate flexibility for such activities. The consultation paper is available at www.sec.or.th. Stakeholders and interested parties are