Following the earlier public hearing in late March, most business providers had expressed their approvals towards the guideline suggested by SEC. Therefore, SEC had then proposed a draft regulation
According to the first paragraph of Section 23 of Provident Fund Act, when an employee’s membership terminates on a cause other than the dissolution of the fund, the fund manager shall make payment out of the fund to the employee in accordance with the rules and procedures provided in the fund’s articles and as prescribed by Section 23/1, and such payment shall be made in one lump sum within thirty days from the date of termination of membership. However, in practice, the payment could no...
Bangkok, June 7, 2016 ? The SEC is seeking public comments on draft rules governing the conversion of property funds (Type 1) to Real Estate Investment Trusts? (REIT) to make it more practical for
revision aims to promote greater varieties of product choices for investors and enhance competitiveness of the fund management industry. The draft amendments have taken into consideration the comments and
Bangkok, July 27, 2016 ? The SEC is seeking public comments on the proposed revision to the rules on the issuance and offering for sale of derivative warrants with regard to disclosure and additional underlyings. The key areas of revision are: (1) more detailed disclosure of the criteria for DW price setting to give investors sufficient information for decision making, and (2) permission for foreign stocks and foreign stock index to be DW additional underlyings to increase investors? choices. ...
Bangkok, March 27, 2012 ? The SEC is seeking public comments on a draft regulation requiring underwriter to develop suitability test for the sale of shares and debt securities. Suitability test will
Bangkok, 20 September 2017 ? The SEC is seeking public comments on the principles and the amended rules governing listed companies? disclosure of good corporate governance compliance via Form 56-1 and Form 69-1. The revised forms take into account compliance with the new Corporate Governance Code (CG Code), which was jointly introduced by the SEC and relevant capital market organizations earlier this year.The CG Code offers the boards of directors, as the governing body of listed companies, guid...
) shareholders? meeting pursuant to the SEC's order, and (3) establishment of the Capital Market Development Fund (CMDF). The draft amendments under public consultation can be summarized as follows: (1
Bangkok, 30 November 2016 ? The SEC is seeking public comments on the draft amendments concerning mutual fund product governance to ensure that intermediaries? business practice focuses primarily on
Bangkok, February 27, 2014 ? The SEC is seeking public comment on draft compilation of rules governing providers of investment services in foreign currency denominated securities and derivatives. The