maintain compliance with the approval conditions at all times. In the event that its proposed rules would affect the business operations or the interest of members, investors or stakeholders, the

suggestions of the private sector and stakeholders who took part in the previous hearing on the governing prinicples.Key points of revision include (1) permission for mutual funds offered for sale to

voting rights” and opened public hearing on the matter in late 2018. The stakeholders mostly agreed with the principle. SEC is proposing a draft notification of the Ministry of Finance which reflects

the issuer to support sufficient distribution to retail investors.The proposed amendments have taken into account stakeholders? opinions received from the hearing on the guiding principles conducted in

? pre-determined investment scope.The proposed rules have taken into consideration the public?s and stakeholders? comments and suggestions collected from the hearing on the guiding principles in last

wider range of products and enhance international competitiveness of Thai intermediaries.In drafting the proposed rules, the SEC has taken into consideration the stakeholders? comments and suggestions

which could have a significant impact on the quality improvement of the financial statements of issuing companies.In drafting the rules, the SEC has taken into consideration stakeholders? and public

late 2018. Most stakeholders from the business sector and the mutual fund industry generally submitted positive responses supporting the principles. The amendments drafted under the principle-based

’ decision making. These proposed amendments are a result of the Regulatory Reform Project, which the SEC initiated earlier and invited stakeholders to review relevant rules while the project advisor

restrictions or obstacles in business operations in order to prescribe rules which are appropriate, practical and beneficial to stakeholders. This revision of notifications is not applicable to securities