(“MRF-eligible master fund”), respectively. In this regard, an MRF-eligible master fund is deemed to have complied with the rules specified by each regulator2. In order for business operators to be able

then also required with votes of not less than three-quarters of the total votes of the shareholders attending the meeting and eligible to vote, excluding the votes of interested shareholders, in

three-quarters of the total votes of the shareholders attending the meeting and eligible to vote, excluding the votes of interested shareholders, in accordance with Agenda 8 re: consideration and approval

choices for investors. The proposed revision specifies that the foreign ETFs eligible to be offered in the Thai market through this channel shall be only those with investment policies tracking the widely

tax-saving fund that will support the government sector’s policy on promotion of the public’s financial well-being through long-term savings and investment. Essentially, to be eligible for the SSF

before the bondholders’ meeting date;             (2) Granting a waiver for the company and the registrar to send the bondholders' meeting invitation using the list of bondholders eligible to attend and

aware of necessity of investment as only 7% of adult population invests in capital market. Accordingly, promoting investment knowledge and understanding as well as suitable investment channels are crucial

7 An intermediary may outsource operational function to a service provider in accordance with the following rules: (1) types of function and characteristics of eligible service provider shall be

characteristics of eligible service provider shall be subject to Division 1; (2) the intermediary shall obtain an approval from the SEC Office as prescribed in rules under Division 2 except where the provision in

characteristics of eligible service provider shall be subject to Division 1; (2) the intermediary shall obtain an approval from the SEC Office as prescribed in rules under Division 2 except where the provision in