SEC is opening for public comments on the regulations to supervise private funds as now business operators have developed a variety of services to satisfy customers. Therefore, SEC intends to amend its rules to be more flexible without too high operating costs, and cope with more diverse patterns of business operations. This revision focuses on the principle-based regulations, instead of fixed details, that cover several issues such as personnel’s well-preparedness, investment management,...
SEC is opening for public comments on the regulations to supervise private funds as the business operators have developed a variety of services to satisfy customers. Therefore, SEC intends to amend its rules to be more flexible without high operating costs, and cope with more diverse patterns of business operations. This revision focuses on the principle-based regulations, instead of fixed details, that cover several issues such as personnel readiness, investment management, receiving and...
events leading to fluctuations in the investment management business, a significant impact could produce an effect on the overall financial system of the country.SEC therefore needs to revise report
SEC is seeking public comments on amendments to the rules regarding financial statement forms for securities companies and derivatives business operators to ensure their consistency with Thai Financial Reporting Standards No. 9 (TFRS9) which is being revised by the Thailand Federation of Accounting Professions under the Royal Patronage of His Majesty The King (TFAC) which will become effective from 2019. The revision of TFAC will render effects on preparation of the financial statements, i...
of investor’s wealth creation and the fund raising of issuers. SEC supervised the intermediary and has collection of annual fees at the current rate for some time.SEC, therefore, has a plan to revise
proposes to revise such rules to be more suitable and consistent with the present conditions. The revision process takes into consideration the environment and the difficulties and obstacles in business
exchange with an exception for a SET permission.Therefore, SEC intends to revise the regulations on listed securities trading services outside the stock exchange for proper supervision and in accordance
SEC is proposing to amend the regulations on unitholding limitations of mutual funds. Proposed amendments include, for example, changing the methods of unitholding calculation and allowing mutual funds to be exempted if asset management companies comply with all obligations, such as widely allocating investment units to the general public, managing liquidity effectively and having measures to prevent mutual funds from being exploited for any other benefit than those which ought to be obta...
SEC plans to revise rules on sale conducts for investment units after a survey of 55 branches of 18 commercial banks in Bangkok area indicated necessity for improvement particularly in relation to
SEC has amended the procedure to make it easier for asset management companies to seek a unitholders’ resolution to revise or modify a mutual fund project and its management procedure by