SEC public hearing on revision to licensing fee rules

Wednesday 31 August 2016 10:11
The SEC is seeking public comments on the proposed revision to the rules governing determination of licensing fees imposed on securities and derivatives business operators.

This revision came as a result of the earlier round of public comments, taking place last month, on its guiding principle for setting the licensing fees.

In proposing the rule changes, the SEC took into consideration the supervisory costs, industry competitiveness, burdens to intermediaries, and simplified methods of fee calculation.

The two draft notifications regarding the aforesaid matter are expected to come into force on 1 January 2017. The consultation paper is available at www.sec.or.th/hearing. Stakeholders and interested parties are welcome to submit comments through the website, or facsimile at 0-2263-6469 or email: [email protected].

The public hearing ends on September 21, 2016.