Bangkok, January 21, 2014 ?  The SEC revised rules governing provident fund investment for more clarity and flexibility in line with international standards. The new rules have become effective in

their misconduct in this case, SEC views that {A} and {B} both failed to perform duties or giving services with loyalty.* SEC has therefore suspended the approval as investment consultant for complex

coverage lapsed.  Chalermwut’s wrongful acts against investors’ assets were liable to failure to perform duties or provide services with loyalty in accordance with the Notification of the Capital Market

their profession duties with loyalty* by making unauthorized investment without client’s permission, and order or consent on making fake documents. While {B} failed to properly discharge his

proposed amendments to such criteria to reduce redundancy and inject flexibility for reporting parties while ensuring that data users receive sufficient information within an appropriate time. Having

SEC is opening for public comments on the regulations to supervise private funds as now business operators have developed a variety of services to satisfy customers. Therefore, SEC intends to amend its rules to be more flexible without too high operating costs, and cope with more diverse patterns of business operations. This revision focuses on the principle-based regulations, instead of fixed details, that cover several issues such as personnel’s well-preparedness, investment management,...

SEC is opening for public comments on the regulations to supervise private funds as the business operators have developed a variety of services to satisfy customers. Therefore, SEC intends to amend its rules to be more flexible without high operating costs, and cope with more diverse patterns of business operations. This revision focuses on the principle-based regulations, instead of fixed details, that cover several issues such as personnel readiness, investment management, receiving and...

The amended rules on approval of ICO portals give the applicants more flexibility and reduce risk on developing/investing in high-cost  work systems while the approval process is underway

with fair treatment and transparency, and increase flexibility for management of member contribution. Most respondents agreed with the proposed amendments and suggested further details for the