Bangkok, March 15, 2011 ? The SEC will propose permission for precious metals business operators to undertake derivatives business limited to brokerage of precious metals derivatives, as part of the
and international levels. The proposed amendments cover permission for persons other than securities issuers to apply for securities listing on the Stock Exchange of Thailand (SET) while those who
underwritten by them. The permission will cover either trading to hedge derivatives positions that underwriters already have or trading of shares in SET50 or SET100 subject to certain conditions. In addition
(6) of the Ministerial Regulation concerning Granting Permission of Securities Business B.E. 2551 (2008) as amended by the Ministerial Regulation concerning Granting Permission of Securities Business
. The SEC has significantly improved the level of implementation of the IOSCO Principles, with 35 out of the total 37 areas being assessed as fully or broadly implemented. Such results reflect that the
the sufficiency and appropriateness of these mechanisms are assessed annually must be put in place. SEC has published a hearing document on the above matter on SEC website, available at
structures and details could be changed at anytime; as such the potential impact can actually be assessed when the company reaches conclusion on proper structure or the SEC approves fund establishment.In this
in the units of a property fund or an infrastructure fund may be made; (5) investment in the units of a mutual fund for which the intermediary has obtained a permission from the SEC https