manage liquidity of fixed income funds and mixed funds that invest at least 60 percent of the net asset value in debt securities. The limit for such transactions is increased from 10 percent to 30
The Revenue Department has prepared a draft bill amending the Revenue Code relating to the improvement of income tax payment from investors investing in debt securities through mutual funds. The
GJS will seek the annual general meeting’s resolution to ratify the financial support transaction for GSTEL in the form of short-term loan worth not exceeding 94 million baht without any collateral
Bangkok Makkasan, at an amount not exceeding 40 percent of the total paid-up shares, worth not exceeding 421.55 million baht, and the right to claim in the loan of Wealth Ventures at the value not exceeding
Fixed income funds are steadily growing with more diversified investment portfolios. As of the end of 2018, net assets value of fixed income funds was approximately 2.6 trillion baht, most of
The measures include the Bank of Thailand (BOT)’s permission for financial institutions that have purchased investment units of daily fixed income funds to place such investment units as collateral
referring to certain services of the securities firms; for instance personal loan. In such cases, the securities firms were notified that the transferred money was deposited for clients? accounts while the
referring to certain services of the securities firms; for instance personal loan. In such cases, the securities firms were notified that the transferred money was deposited for clients? accounts while the
lay out directions for business operation in the future, (2) financing with securities collateral to facilitate operation of various businesses (or loan against securities: LAS), (3) proposal for
The securities companies and derivatives brokers are presently required to maintain net capital (NC) in a specified amount in order to sufficiently cover risks from conducting business. However