Posted inRegulation

SEC Thailand develop course for pf committees

The Securities and Exchange Commission Thailand, Association of Provident Fund (AOP) and Association of Investment Management Companies (AIMC) have collaborated to develop an Accredited Provident Fund Committee Members Program (APC).
The program aims to educate the committee members on best practices, good governance and duties, SEC Thailand said.
It includes knowledge on various financial instruments, how to select investment products and asset management companies, and performance assessment of asset management companies. 
The SEC said it is well aware of the significant role of the provident fund committee members and therefore puts strong emphasis on the program development.  
For the best interest of the fund members, they should be well-versed in selecting asset management companies, monitoring and assessing performance of asset management companies to conform to risk diversification specified under the investment plan. 
All provident fund committee members are encouraged to enroll the program to meet with the international standards, SEC said, adding those completing APC will be awarded a certificate showing readiness to perform their duties.

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