Bangkok, February 11, 2010 ? The SEC Board today approved in principle investment in foreign exchange derivatives or structured notes for investment purpose by mutual funds and retail private funds1
direction for allocating the Bank of Thailand (BOT)?s approval of new USD 500 million for mutual funds and provident funds offshore investment, and (2) investment restrictions. The SEC in consultation with
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
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
Maris, as well as additional fines of 1,925,875 baht (approx. USD57,810) on ING Funds, and 421,650 baht (approx. USD12,650) on Siam City Bank Public Company Limited, the TU-PF fund supervisor which failed
money market funds was 240 billion baht, or 3% of savings deposit. In the future the Deposit Protection Agency would reduce the maximum insured amount of bank deposit to only 1 million baht. Hence, money
of Commerce, the Khon Kaen Industry Council, the Society of Khonkaen Province Bank and the Federation of Thai SME Association,” said SEC Secretary-General.The “Capital Market Caravan Visits Khon Kaen
SEC Secretary-General Ruenvadee Suwanmongkol and SEC delegates will share Thailand’s sustainable finance roadmap amid the context of Asian peers during SEC participation in the “Central Bank and
from the funds transferred to his personal bank accounts. The acts of Mr. Ngeonwasawat are liable to operating derivatives business without license in contravention of Section 16 of the Derivatives Act