Bangkok, February 27, 2014 ? The SEC is seeking public comment on draft capital market personnel rules aiming at compiling and standardizing the rules and guidelines concerning all types of capital market personnel for ease-of-use; for example, qualifications, approval process, and duties of the capital market personnel. The draft rules also include a wealth advisor as a new type of capital market personnel while some of the existing capital market personnel will be required to obtain the SEC ap...
Bangkok, January 10, 2014 ? The SEC is seeking public comment on proposed revision to the fund?s investment rules. The proposed revision applicable to mutual fund, private fund and provident fund aims at adding more flexibility to asset types, diversifying fund?s portfolio and calculating derivatives investment in line with international standards. In addition, the fund classifications will also be revised to better reflect risks associated with both direct and indirect investment. The consultat...
Bangkok, January 15, 2014 ? The SEC is seeking public comment on proposed revision to the rules of capital requirements for securities and derivatives investment advisors (IA) as well as brokers, dealers and underwriters whose licenses are limited to investment units (LBDU operators). Under the proposed revision, IA, and LBDU operators will have to comply with the capital requirements variable to the business?s revenue or expenses to reflect the operational risk better that flat rate requirement...
Bangkok, January 20, 2014 ? The SEC is seeking public comment on draft rules on cross-border offering of ASEAN collective investment schemes (ASEAN CIS) to retail investors. When compiled with non-retail offering rules already in force, the ASEAN CIS cross-border offering rules will be comprehensive and more user-friendly. The proposed drat rules have been developed under the ASEAN Capital Markets Forum (ACMF)?s implementation plan, the ASEAN CIS framework and the common standards concerning qu...
Bangkok, January 22, 2014 ? The SEC is seeking public comment on proposed revision to the rules of customer contact and service for all licensed business operators to standardize the relevant requirements applicable to them. Under the proposed revision, for example, the operators will have to provide unprejudiced advice, supervise the approved contact person giving advice through any media or channels, and service of high risk or complexed products. The consultation paper is available until Janu...
hearing on the proposed principles and relevant draft regulations which aim at ensuring that the ICO rules have adequate and appropriate mechanisms for protecting investors while promoting the ICO issuer’s