SEC Secretary-General Ruenvadee Suwanmongkol said: “The auditing context has evolved significantly over time. The SEC thus revises the requirements on approval of auditors in the capital market specified in the SEC Office Notification No. Sor Shor. 39/2553 to be in line with the current situation. The amendments aim to facilitate high potential auditors’ entry into the capital market to sufficiently support capital market growth. Essentially, the amendments will (1) lower the requirement...
subjected to income tax while provident funds are directly investing in fixed income and still getting tax exemptions.Thereby, in order to be consistent with provident funds, the Finance Ministry has
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
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 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
the time of the misconduct from 2015 to 2017 holding the positions of director and executive of NMG – made a joint decision to approve, order and arrange a recording of false advertising income in the
a loan from a financial institution. The Board of Directors and the Audit Committee view that the investment in such projects can generate long-term consistent income and the contract party is a
to ensure that asset management companies have standardized work and also ensure that they are consistent with conditions for tax privileges. The investors investing in SSF units could get
bond fund would have to comply with the regulations governing management of funds for institutional investors and ultra-high net worth investors with consistent investment policy for the best interest of
income. In addition, many GSTEL creditors are filing lawsuits against the company for debt repayment. IFA therefore views that it is unnecessary to extend the repayment period as the extension is