Bangkok, November 27, 2013 ? The SEC is seeking public comment on revising rules governing the asset management companies? reporting requirement. The proposed revision focuses more on reporting
Securities and Exchange Commission (SEC) is proposing amendment to the takeover regulations. The existing regulations require that people who make a tender offer for all securities of the business and related persons must submit hardcopy documents and also online documents through electronic system, which might cause burden on the private sector and it does not go accordingly with the technological change. SEC then proposes to amend processes related to the takeover regulations such as ca...
and investors. Once SET proposes revision to the free-float criteria and other measures, SEC will submit the guidelines for revising such criteria and measures to the SEC Board for consideration of
plain vanilla instruments. Concurrently, the SEC is proposing to amend the regulations concerning the process for revising the use of proceeds in accordance with the standard terms and conditions** and
Earlier, SEC conducted a public hearing on the principle of understanding investment in leasehold funds and funds with revenue sharing agreements and the fund/trust disclosure of investment return. Most of the respondents expressed agreement with the principle proposed.Therefore, SEC has drafted a notification requiring asset management companies and trust managers which make a projection of investment returns must disclose the internal rate of return (IRR) to give investors information a...