The SEC proposed to amend the regulations relating to annual fee regime for intermediaries to improve equality of fee rate among intermediaries operating the same activities and to ease the burden of intermediaries by revising the period of fee payment. The public hearing on the principles for amending the rules took place from 17 July to 20 August 2019. The proposed amendments have taken into account the public comments gathered from the previous hearing whereby the calculation of the fe...
SEC plans to revise the criteria on the maintenance of the net capital (NC) of securities and derivatives business operator. SEC has, therefore, conducted a public hearing on this matter, in principle, in the second quarter, covering the calculation of subordinated facility for accommodating increasing transactions in the short-term, the calculation of the capital to accommodate the digital asset business, and the requirement that any business operator that cannot maintain its net capital...
Law Drafting Task Force dated 10 October 2017, presented the Draft Security Interests Act B.E. …. at the 52nd United Nations Commission on International Trade Law (UNCITRAL) Session on 19 July 2019 at
Bangkok, 25 January 2018 ? The SEC is seeking public comments on a draft amendment to the rules governing issuance and offering of derivative warrants (DW) to require additional and continuing
The SEC is proposing to amend the regulation on filing the application for establishment and management of mutual funds by allowing electronic submission of all required documents through the Online Fund Approval and Management System (“OFAM”). In addition, the amendment would expand channels for announcement of dividend payment such as websites of asset management companies. The paperless process is in line with the Capital Market Development Plan in the area of building competitiveness and...
) shareholders? meeting pursuant to the SEC's order, and (3) establishment of the Capital Market Development Fund (CMDF). The draft amendments under public consultation can be summarized as follows: (1
Bangkok, June 7, 2016 ? The SEC is seeking public comments on draft rules governing the conversion of property funds (Type 1) to Real Estate Investment Trusts? (REIT) to make it more practical for
revision aims to promote greater varieties of product choices for investors and enhance competitiveness of the fund management industry. The draft amendments have taken into consideration the comments and
Bangkok, July 27, 2016 ? The SEC is seeking public comments on the proposed revision to the rules on the issuance and offering for sale of derivative warrants with regard to disclosure and additional underlyings. The key areas of revision are: (1) more detailed disclosure of the criteria for DW price setting to give investors sufficient information for decision making, and (2) permission for foreign stocks and foreign stock index to be DW additional underlyings to increase investors? choices. ...
other related rules. The draft amendment, having previously undergone a focus group consultation, aims to remove impractical procedures and enhance consistency of relevant provisions under the principle