to have inclusive measure to prevent conflicts of interest. In addition, permissible securities trading will be limited to that executed with a view to managing risks associated with issuance of
management to asset management licensee will be permissible, subject to the specified rules. In addition, REIT holding limit will be relaxed where a REIT trustee will be able to hold up to 50 percent of the
allowed to offer the service permissible under their licenses on overseas financial instruments. The revision not only aims at increasing the investors? readiness for overseas investment but also enhancing
establishment of property fund permissible to be filed no later than the end of this year, the fund to be set up must be in form of specific property fund.The consultation paper is available on the SEC website at
overseas as well as in Thailand. The revised rules cover guidelines for advertisement and publication, areas of permissible marketing activities in Thailand and instructions of benefits received from
foreign companies must be substantially comparable to Thai law, in particular, the material issues such as shareholder rights. In case of DRs, the permissible issues must satisfy that the DR underlying
management of the private fund, using knowledge and competence as a professional. The securities company shall enter into a written agreement with a person or a group of persons who has authorized the
Section 104 Securities and Exchange Act B.E. 2535 Section 104. A securities company shall appoint directors or managers or enter into an agreement with other persons, giving the power, either in