SEC Thailand executives have praised the new National Pension Fund bill but believe further reforms are necessary to boost asset diversification and investment returns.
Tag : sec
The long-standing mandatory defined contribution scheme can improve upon existing schemes by introducing new measures, a Securities and Exchange Commission executive said.
Delegates from some of Thailand's biggest institutional investors were among the audience for a major forum in Bangkok.
The secretary-general of Thailand's Securities & Exchange Commission, Rapee Sucharitakul, says more competition and a wider variety of investment products are the way forward.
Thailand signed up to the cross-border scheme this week, AsianInvestor can reveal, but the head of the local securities watchdog says take-up may be slow, at least initially.
CSRC chief’s job at risk; HKMA fines Indian bank; FSB delays risk assessment protocols; Asic sees strong fintech progress; and SEC to enforce pay ratio disclosure.
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CSRC seeks Connect trading records; EY drops appeal over audit paper; MAS sets out new consumer protection rules; Thai fund industry to offer riskier products; and Singapore regulator forms fintech group.
SFC recovers $191m for investors; Singapore retail market opens up; Algo trading put under the microscope; Saudi restricts foreign buying to 10%; and hedge funds urged to upgrade cyber security.
The rising tide of cross-border regulation is making life difficult, argue senior traders at big fund houses, who want to see greater consistency across jurisdictions.
HK SFC sees expenditure grow; report on regulations' potential impact on ETFs; India's Sebi tackles fund rule breaches, asks for pension reform; and Myanmar's bourse is delayed.
The incoming US person rules are causing some swap dealers, such as prime brokers, to take a 'shoot first, ask questions later' approach, which can be frustrating for buy-side clients, says a lawyer.
Since Thailand's securities watchdog introduced a clampdown on sales promotions used by asset managers to boost fund sales, custodians have had a bigger role to play.
