Published On: Thu, Oct 16th, 2014

Thai SEC Revises Regulations On Foreign Currency Denominated Investment Services

Vorapol Socatiyanurak, Thailand SEC Secretary-General -

Vorapol Socatiyanurak, Thailand SEC Secretary-General –

Vorapol Socatiyanurak, SEC Secretary-General revealed that the Capital Market Supervisory Board has approved to revise the regulations on services concerning investment in products denominated foreign currencies. The revised regulations will allow business operators to provide services in foreign currency denominated products as permitted under their licenses. In addition, units of ASEAN collective investment scheme (ASEAN CIS) will be added as permissible securities. The revision, to become effective by November 2014, aims at supporting competition among business operators and increase capital market product variety.

About the Author

-

IRP Journal

IRP Journal

Sponsor

OPINION POLL

Poll results are published in our Weekly Newsletter -->
subscribe
All Rights Reserved WIld Wild Web Limited