. Both approved Acts shall take effect upon His Majesty the King?s signature and publication in the Government Gazette. However, each revised provision shall come into force at different times to allow
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“Asset management companies can now submit an application for approval of SSF establishment from 3 February 2020 onwards. SEC will speed up the approval process. In this regard, investors should invest in SSF regularly throughout the year to create a savings discipline for financial well-being,” said SEC Secretary-General Ruenvadee Suwanmongkol.Several asset management companies have already consulted with SEC about setting up SSF, which is expected for launch to the public in mid February this...
Bangkok, December 3, 2008 ? The SEC has issued the following three notifications to facilitate fund business operators while safeguarding the interest of investors, the salient features of which are stated below. 1.The Notification of the Office of the Securities and Exchange Commission No. SorNor. 30/2551 Re: Establishment of Mutual Funds and Entering into Agreements for Management of Private Funds (No. 12), to become effective on 15 December 2008, ? relaxes the rules on long term equity fund (...
Bangkok, November 18, 2008 ? Following the approval of the SEC Board and the Capital Market Supervisory Board (CMSB) for the issuance of notifications regarding licensing of restricted agents for gold futures to facilitate the product trading by gold business operators and regarding relaxation of tender offer rules to facilitate securities trading and share buyback activities of listed firms during the financial crisis, the following regulations are now in effect:1.The Notification of the Secu...
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Bangkok, August 4, 2011 ? SEC Secretary-General Thirachai Phuvanatnaranubala has filed resignation letter. His resignation will take effect on August 5, 2011.