investors. This single form proposal would facilitate standardized filing of customer profiles and increase investors’ convenience. Based on the previous stakeholders consultation on the governing principles
Bangkok, July 24, 2013 ? SEC Secretary-General Vorapol Socatiyanurak revealed that the Capital Market Supervisory Board approved the amendment to regulations governing establishment and management of Real Estate Investment Trusts (REITs) to enhance flexibility and promote the establishment of REITs. The amendment will allow REIT trustee to participate in more REITs related businesses, providing that REIT trustee must be independent from REIT manager. For the participation in REITs related busine...
Sucharitakul, the SEC?s Secretary-General, revealed that the Capital Market Supervisory Board approved the revision of regulations to facilitate debt securities offerings. An approval of two year program will be
recent suspension of all Baht and cryptocurrency withdrawals. The e-form aims to further facilitate the affected investors’ submission of information and the SEC’s collection of clear and accurate facts
Before providing investment service in the capital market, intermediaries, such as securities companies and asset management companies, must know their investors or clients’ detailed information by conducting the process of Know Your Client (KYC) so that they can provide appropriate services. Nowadays, an electronic KYC or e-KYC has been introduced to make KYC processes faster and become more efficient.SEC understands the benefits of encouraging the intermediaries to do e-KYC. Not only e-K...
Ms. Ruenvadee Suwanmongkol, SEC Secretary-General, stated that SEC encourages intermediaries in the capital market, both in securities business and derivatives business, to fulfill the so-called know-your-customer requirement or e-KYC via online methods. The use of authentication and verification under the National Digital ID (NDID) system will make it convenient, quick and reliable to open an investment account online. Starting from 9 November 2020, 6 securities companies and 4 asset mana...
One of the SEC Strategic Plan’s goals is to build competitiveness by enabling a regulatory framework that supports standardized regulations. The regulatory guillotine scheme* under the Strategic Plan aims to standardize the SEC regulations in line with the changing situations to ensure that only necessary regulations are issued and enforcement is effective. In any case, appropriate investor protection remains intact while business operators still have convenience for business operation. The SEC...
Bangkok, 20 October 2017 ? The SEC is giving its full support to the Draft Law on Business Promotion and Public Access to Services through Financial Technology B.E ("FinTech Act") to create opportunities for established and potential business operators to maximize the use of FinTech in developing financial and investment services with less legal limitations and more efficient information access.SEC Deputy Secretary-General Tipsuda Thavaramara said: ?Making an electronic transaction and applying...
Essentially, the new rules allow securities brokers and derivatives agents to provide two types of trading services of capital market products that respond to investors’ demands more efficiently, namely (1) program trading service that automates trading order execution according to clients’ selected investment strategy* and (2) portfolio advisory with execution service.** Both of the services are exempted from the securities business license in the category of private fund management and...
Secretary General, said: “The making of the Additional Guidance under the HK-TH MRF project this time will facilitate more convenient sale of Hong Kong's ESG Funds in Thailand, and give Thai investors