SEC is proposing amendment to the guidelines for supervising auditors and audit firms in the Thai capital market to enhance the audit quality oversight of audit firms and promote the development

At present, securities and derivatives business operators (Thai business operators)* are allowed to provide services for Thai investors’ investment in foreign capital market products through business

2012 cooperative framework between SEC and CSSF in the exchange of information on fund management companies and mutual funds. Furthermore, CSSF has been pleased to support Thai funds’ unit

scope of operation of foreign representative branches of Thai business operators and apply the rules of the regulators of such foreign representative branches instead, (3) allow more flexibility on

the Bankruptcy Act B.E. 2483 (1940). The second MOA is for cooperation in establishing an enterprise architecture. Both MOAs aim to promote efficiency and effectiveness of duty performance of both

Essentially, the new rules allow securities brokers and derivatives agents to provide two types of trading services of capital market products that respond to investors’ demands more efficiently, namely (1) program trading service that automates trading order execution according to clients’ selected investment strategy* and (2) portfolio advisory with execution service.** Both of the services are exempted from the securities business license in the category of private fund management and...

enhance the efficiency of the existing provident funds. Essentially, the key principles of the amendments are as follows:  1. Fund management and structure: e.g., revising provisions to support the

efficiency of enforcement.The Advisory Committee on Listed Company Monitoring comprises: (1)  Secretary-General as Chair; (2)  Deputy Secretary-General in charge of corporate finance as member;(3)  Deputy

regulations to improve fund management efficiency and offer a wider range of investment choices to members. The revision also includes provisions for a central registrar to facilitate employers and employees