The proposals, applicable to mutual funds, private funds and provident funds, aim to add more flexibility to asset types, diversifying funds’ portfolios and calculating derivatives investments in line with international standards, the SEC said.
The regulator has invited comments on the consultation paper from stakeholders and interested parties, by 31 January.
Recently, the Thai regulator unveiled a “strategic plan for 2014-2016” to deepen the local capital market and transform it into a regional hub.
As a part of this three-year plan, the SEC will take measures to accommodate the offerings of overseas financial instruments – equities, debt instruments, and mutual funds. It will also conduct comparative studies on laws and regulations of specified foreign jurisdictions to facilitate the listing of foreign securities on the Thai bourse.