Business License to provide services related to equity instruments and Private Fund Management License. In addition, the amendment would allow intermediaries licensed to undertake private fund management

Earlier, the Capital Market Supervisory Board approved in principle the proposed amendments to the repo/reverse repo agreement regulations to allow securities companies to enter into repo/reverse

into force since 3 March 2021. Additionally, the SEC has revised related regulations to allow the existing business operators to switch to License E or PF License in line with the business model they

year within the specified period. In essence, the proposed amendment would allow the annual fee to be calculated based on the shareholders’ equity presented in the latest financial statements submitted

year from the effective date of the Guidelines, to allow the subscribers appropriate time to develop NDID-compatible systems, as required.   The amendments would also streamline the ID card dip chip

with customers’ asset safekeeping. This is to allow the general public to reap standardized services, while business operators are under proper supervision, in the same level with supervision on

areas by considering suggestions from the private sector to make the regulations more appropriate. For example, (1) adding a provision to allow business operators to insure with the insurer that

allow eligible Hong Kong and Thai public funds to be distributed in each other’s market through a streamlined process.The MoU establishes a framework for exchange of information, regular dialogue as well

business operator after license revocation, and (6) stating the scope on supervision of infrastructure service providers in the capital market which would allow the operators to conduct their business

their business, (2) ensure their business continuity, and (3) better address operational risk.Essentially, the draft amendments would allow intermediaries undertaking asset management business and