Given the prolonged period of low interest rate in the Thai bond market, many debt securities issuers are increasingly issuing for sale subordinated perpetual bonds which have more complex features and offer higher returns than general debt securities. Specifically, from 2012 to June 2020, the total offering amount of subordinated perpetual bonds was 119,000 million baht. Of this amount, the majority investors were retail investors, accounting for approximately 81 percent, and HNW account...
the form of outsourcing or partnership. In this regard, the partnership-based business operation guidelines must be improved from the SEC circular in this matter. SEC has therefore proposed issuance of
, investment analyst and investment planner, and at the amount of 10,000 baht in case of a fund manager. SEC has therefore proposed amendments to the regulations on supervision of capital market
SEC and the Securities and Futures Commission (SFC) are developing a bilateral agreement for cross-border fund offerings under the HK-TH MRF project with the main objective of facilitating mutual recognition of funds, following the Memorandum of Understanding for Promotion of Economic Connectivity between Hong Kong and Thailand, signed by Deputy Prime Minister Somkid Jatusripitak and the Honourable Mrs. Carrie Lam, Chief Executive of Hong Kong Special Administrative Region (SAR) of the People’s...
not be able to make informed investment decisions. The SEC is therefore seeking public comments on the proposed regulations for the disclosure standards of SRI Fund which will be used in the
Earlier, the SEC issued regulations on establishment and management of high-yield bond funds, which have been effective since 1 August 2021. The regulations aim to provide bridge financing for high-yield bond issuers to have liquidity to support business continuity. Now, the SEC is proposing to issue regulations on establishment and management of distressed bond funds to support the high-yield bond funds wherein high-yield bonds subsequently become distressed bonds, and to provide liquidity for...
This proposed amendment to the regulations on qualifications of capital market auditors aims to facilitate capable auditors’ entry into the capital market to perform audit work and to streamline
Bangkok, 23 January 2018 ? The SEC is seeking public comments on the proposed amendments to the rules governing disclosure of initial public offering (IPO) information, whereby the issuer would
Bangkok, 1 March 2019 ? The SEC is seeking public comments on the proposed rules for data submission to the SEC Office by digital asset business operators and initial coin offering (ICO) portals
The SEC is proposing the rules and procedures under the draft Securities and Exchange Act (SEA) (No…) B.E. …., which has been considered by the National Legislative Council. The draft SEA prescribes that six directors of the SET Board of Directors would be appointed by the SEC Board, while four would be selected among the SET members. In appointing those six members, first of all, the SEC Board would issue a notification of rules related to the determination of types or characteristics of jurist...