investment units over any accounting year, compared to the previously required 65%. In addition, to provide investors with more flexibility, the FOFs will be made available in two types ? diversified FOFs and
intention and objectives will be clearly spelled out, so as to streamline procedures and provide greater practical flexibility for market operators. In addition, in relation to investor protection regime, the
the objectives will be clearly spelled out, so as to streamline procedures and provide greater practical flexibility for market operators. In addition, in relation to investor protection regime, the SEC
so as to allow more flexibility for unitholders and the asset management company,? added Thirachai.AIMC Chairperson Voravan Tarapoom said: ?The SEC and AIMC are strongly committed to developing the
that are inconsistent with international standards or insufficient to protect investors' interest efficiently."The new Securities Law covers six areas as follows:(1) Enhancing flexibility of
, their welfare benefits, and bring about versatility in terms of increase/decrease of the number of personnel as appropriate. With regard to the services provided by the Service Provider, as the Company’s
organization (SRO) overseeing the implementation of professional codes of conduct and disciplinary actions. More emphasis on outcome-focused supervision will enhance business flexibility and facilitate market
, e.g. permission for cross directorship of securities companies, to enable enhancement of their flexibility in business operation in support of structural adjustments. The SEC has also facilitated