Given the prolonged period of low interest rate in the Thai bond market, many debt securities issuers are increasingly issuing for sale subordinated perpetual bonds which have more complex
enhance the efficiency of the existing provident funds. Essentially, the key principles of the amendments are as follows: 1. Fund management and structure: e.g., revising provisions to support the
therefore notified SGF to speed up its rectification process and submit the corrected financial statements by the requested extension deadline. Failure to prepare financial statements in compliance with
branch managers, and (4) enhance efficiency of investor protection by requiring business operators to ensure office branches appropriately accessible to investors, and inform clients sufficiently in
, methods used must be done with speed, transparency, low costs with participation of all related parties.
Under the existing regulations, each business operator allows to prepare the customer complaints’ handling report in its own style and classify the type of complaints as it deems appropriate. Such variations have caused SEC extra time on processing the data for regulatory use. In addition, the current regulation which requires the operator to submit the report in paper form to SEC has incurred an undue burden to the business. SEC, therefore, proposes to amend the regulations by requiring...
Bangkok, August 14, 2008 ? Discussion in the latest quarterly meeting between the SEC and the Association of Investment Management Companies (AIMC) focused on the industry?s efforts to introduce new financial instruments for investor?s choice. SEC Secretary-General Thirachai Phuvanatnaranubala said: ?We discussed potential approaches to make fund investment more attractive and better responsive to different needs of investors.? The meeting has agreed on the following:1. Mutual funds, private fu...
, sufficiently, and comprehensively. The SEC?s seminar, recommendations, and checklist are the tools that enable listed companies to enhance their disclosure quality. If they all can proceed in accordance with