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ARTICLE · 15 MAY 2024

Thai Capital Markets Rules Recap For Q1/2024

Tilleke & Gibbins
Tilleke & Gibbins
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This is the first in a series of quarterly articles prepared by Tilleke & Gibbins' capital markets practice group in Thailand, with a view to providing periodic updates on material changes...

ThailandFinance and Banking
Yaowarote Klinboon
Yaowarote Klinboon
Karinevidch Olivero
Karinevidch Olivero
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This is the first in a series of quarterly articles prepared by Tilleke & Gibbins' capital markets practice group in Thailand, with a view to providing periodic updates on material changes to the relevant rules and regulations pertaining to securities laws in Thailand. Here are some of the key updates for the first quarter of 2024.

Amendments to "investment company" prohibition

The Securities and Exchange Commission (SEC) has amended the rules on the offering of securities and information disclosure where listed companies operating as an investment company would face consequences from regulatory arbitrage. The amended rules, which took effect on January 1, 2024, can be summarized as follows:

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