borrowing and lending, and joint venture management. As a result, any intermediary wishing to operate only brokerage business, for example, would have to meet the high minimum paid-up capital rule despite its
employees. The use of the I Code principle as a qualifying factor for scoring conforms to what SEC wants institutional investors, including the provident funds, to invest responsibly, considers the benefits
leading to lower operating costs. Additionally, the SEC will use RegTech for a better regulatory supervision and place high importance on cyber resilience. Strategy Two: To promote the Thai capital market
landscape, and endorsement of international standards. The SEC has also laid out the strategic plan for the next three years (2019-2021) focusing on the optimum use of technologies to enhance market
, and easy-to-understand and accessible information disclosure is also focused. Market and intermediaries: The SEC is revising relevant rules in line with international standards and cooperating with
line with the regulations on debt instrument offerings under which REIT bonds could be either offered to the public or privately placed to high net worth and institutional investors. Moreover, REIT bonds
receipts to high net worth investors, except institutional investors, must be done through intermediaries.Senior Assistant Secretary-General Prakid Punyashthiti said: ?The current rules allow high net worth
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
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
plant infrastructure funds to use the capital market to raise funds as the industry is important to national development. The move will bring the regulations into alignment with the government’s