Bangkok, April 10, 2014 ? The SEC is seeking public comment on relaxing a unit holding limit where any person or group of persons is allowed to hold not exceeding one-third of all units in a mutual fund ("One-Third Rule"). As there is no such One-Third Rule in other ASEAN countries, the proposed revision aims to facilitate Thai investment management companies by exempting the said Rule from unit holding of mutual funds set up by Thai investment management companies under the ASEAN Collective Inv...
Bangkok, May 29, 2014 ? The SEC is seeking public comment on 2 draft notifications to facilitate offering of mutual funds set up by Thai investment management companies under the ASEAN Collective Investment Schemes (Thai ASEAN CIS). To begin with, the first one provides an exemption of unit holding limit up to one-third of all units sold (the One-Third Rule) for Thai ASEAN CIS in the portion offered to non-Thai nationals and omnibus account in other ASEAN countries to non-Thai nationals and omni...
The Initiative launch and the Declaration of Intent ceremony took place today at the Royal Thai Army Club, Vibhavadi-Rangsit Road. The opening ceremony was presided over by General Paiboon Koomchaya, Privy Council member, who also gave a keynote address on the topic, “Driving Corporate Governance of Business Sectors towards Sustainability of the Thai Economy.” On this occasion, Finance Minister Uttama Savanayana recaptured the national policy on capital market roles and expectations of go...
The Initiative launch and the Declaration of Intent ceremony took place today at the Royal Thai Army Club, Vibhavadi-Rangsit Road. The opening ceremony was presided over by General Paiboon Koomchaya, Privy Council member, who also gave a keynote address on the topic, “Driving Corporate Governance of Business Sectors towards Sustainability of the Thai Economy.” On this occasion, Finance Minister Uttama Savanayana recaptured the national policy on capital market roles and expectations o...
The Initiative launch and the Declaration of Intent ceremony took place today at the Royal Thai Army Club, Vibhavadi-Rangsit Road. The opening ceremony was presided over by General Paiboon Koomchaya, Privy Council member, who also gave a keynote address on the topic, “Driving Corporate Governance of Business Sectors towards Sustainability of the Thai Economy.” On this occasion, Finance Minister Uttama Savanayana recaptured the national policy on capital market roles and expectations of goo...
Kongsakul, SEC Deputy Secretary-General, gave welcoming remarks and presided over the opening ceremony. Pol. Maj. Gen. Puttidej Bunkrapue, ECD Commander, and Mr. Att Tongyai Asavanund, TDO Chairman, were
of Mutual Fund > Relaxation of rules Regulations SHARE : Detail Content Management of Mutual Fund 20. Relaxation of rules A mutual fund management company may request the SEC's for relaxation of the