Bangkok, April 10, 2014 ? The SEC is seeking public comment on relaxing a unit holding limit where any person or group of persons is allowed to hold not exceeding one-third of all units in a mutual
waiver of the filing fee, and lift the requirement that a financial advisor participate in the preparation for the PO application and the registration statements.In drafting the proposed amendments, the
Under the amendments, SEC has proposed to lift the limitations on unitholding which bar any person or any associated person from holding investment units in a mutual fund over one third of the
planned to lift suitability test standard to facilitate business operators and investors. The standardized suitability test will be used for investment in all types of the capital market products including
ever-growing asset management business by, for example, relaxing several requirements. In so doing, appropriate investor protection is maintained, and more investment choices promoted.? Such amendments
cannot conduct the asset appraisal, the fund/trust manager must request a waiver from SEC and must analyze the impact of COVID-19 on the fund and disclose it to investors, (7) relaxing the rule of
involving with complicated transactions, audit works need competent audit teams under quality assurance system. To lift up confidence in the Thai capital market, audit firms should place priorities on
increase capital market product variety, such as relaxing rules on investment of retail and accredited investors in non-investment grade or unrated bonds, issuing regulations on investment in and issuance of
lift up the quality of AGM at Thai listed firms to match domestic and international standards, it also raise awareness of shareholders in protecting their own rights and at the same time promoting good
support of the Thai capital market to strive forward as a regional financial connector, the SEC will increase capital market product variety, such as relaxing rules on investment of retail and accredited