investment units over any accounting year, compared to the previously required 65%. In addition, to provide investors with more flexibility, the FOFs will be made available in two types ? diversified FOFs and
intention and objectives will be clearly spelled out, so as to streamline procedures and provide greater practical flexibility for market operators. In addition, in relation to investor protection regime, the
the objectives will be clearly spelled out, so as to streamline procedures and provide greater practical flexibility for market operators. In addition, in relation to investor protection regime, the SEC
so as to allow more flexibility for unitholders and the asset management company,? added Thirachai.AIMC Chairperson Voravan Tarapoom said: ?The SEC and AIMC are strongly committed to developing the
that are inconsistent with international standards or insufficient to protect investors' interest efficiently."The new Securities Law covers six areas as follows:(1) Enhancing flexibility of
redeemed only twice a year will be removed to allow unitholders more flexibility for redemption at appropriate time, (2) the eligible assets that the funds can invest in as part of their required 65 percent
approval granted for updating of the procedural guidelines of Association of Thai Securities Companies will enable more convenience and flexibility for investors in making their investment.”Currently SEC
committed to reviewing within 21 calendar days a complete application from fund managers for the authorisation of a fund; and(c) give participating fund managers more flexibility to delegate the investment
right to directly notify the fund manager, and specifying the management of unclaimed money; 4. Increasing flexibility for members to manage their money: e.g., empowering the Minister of Finance to