SEC initiated the regulatory guillotine scheme with the key objectives of streamlining procedures, processes and documents required to be submitted to SEC and revising or repealing the existing

enhance the efficiency of the existing provident funds. Essentially, the key principles of the amendments are as follows:  1. Fund management and structure: e.g., revising provisions to support the

management and limited brokerage, dealing and underwriting of investment units (LBDU) In revising the annual fee scheme, the SEC has taken into consideration intermediaries? existing cost factor and potential

 Bangkok, February 21, 2014 ? The SEC is seeking public comment on revising the regulations concerning independent directors of licensed securities and derivatives business operators. The proposed

of persons; and revising definition of the same group of persons to include controlling persons. The draft regulations and consultation paper are available on the SEC website at www.sec.or.th

Bangkok, October 29, 2013 ? The SEC is seeking public comment on revising the rules to exempt institutional clients of registered derivatives dealers and derivatives fund managers from doing the

has issued the amended regulations with the key points as follows:   (1)  Revising the reporting scope for business operators to require submission of data or documents on a necessary basis and

business. This also includes requirements related to information security audits and the qualifications of the auditor who must be qualified and independent;  (3) Revising the requirements and guidelines in

accessing the password by other person, the user should change the password instantly. · Having an encryption the file that keeping the password for the purpose accessing or modifying. [M] · Inspecting

or modifying. [M] o Inspecting consistently a name list of user for the importance operational system4 and inspecting a name list account of unauthorized user such as the name list account of resigned