digital asset dealer.Compared to securities business, digital asset businesses have not yet expanded into digital asset advisory service and digital asset fund management. Earlier, securities companies
capital that reflects risks associated with custody of clients’ assets and helps bring good risk management. Net capital (NC) requirement will be applied for the digital asset businesses. Such digital
will remain subject to the defined criteria.For outsourcing activities directly relevant to their core businesses, such as management information technology and client registrar, the business operators
revision specifies that retail investors and investment management organizations for individual investors must collectively hold at least 50 percent of the total investment units sold, and at least 25
Currently, asset management companies have roles in reporting their portfolio outward foreign and derivatives of mutual funds and provident funds to both SEC and BOT on a monthly basis. In order
types of mutual funds. SEC therefore has amended the rules governing money market funds to enhance flexibility of asset management companies in managing funds and enable them to response to the needs of
fixed details, that cover several issues such as personnel’s well-preparedness, investment management, reception and delivery of funds’ assets and risk management.SEC has studied the supervision in
, asset management companies, non-life insurance companies, life insurance companies and relevant bodies. The SEC has disclosed the list of the I Code endorsers on CG Thailand website at www.cgthailand.org
Bangkok, May 8, 2015 ?The SEC is seeking public comment on proposed rule revisions concerning registrar of provident fund (PVD), establishment and management of PVD in order to facilitate the
., institutional and high net worth investors, to enhance competitiveness of asset management companies and diversify choices of investment for investors with higher risk tolerance. The draft revision aims to allow