Bangkok, June 5, 2014 ? The SEC joined with the Association of Thai Securities Companies, the Association of Investment Management Companies, the Thai Bond Market Association, The Thai Bankers ' Association, the Association of International Banks, the Thai Financial Planners Association, the Thai Investors Association and the Thailand Securities Institute in standardizing suitability test for investment in all kinds of capital market products. In this regard, advices on basic asset allocation for investors are also provided.

Duangmon Chuengsatiansup, SEC Assistant Secretary-General, said the SEC planned to lift suitability test standard to facilitate business operators and investors. The standardized suitability test will be used for investment in all types of the capital market products including investment units, debt securities, equities, derivatives and provident funds. Instead of doing the suitability test prior to every investment in new products, investors can do one set of the test for investment in all products.

?Improvement of the suitability test will not only provide the business operators and investors with more convenience, but will also better reflect investor demands. The test questions cover personal data, financial status, financial knowledge and experience, investment objective as well as risk appetite and willingness to take risks. For instance, it may be the case that young workers who are able to take higher risk than those nearly-retired, might be willing to invest in products with lower risk. Moreover, the revamped suitability test provides example of basic asset allocation for different risk levels and thus functions as a guideline for the business operators to give investors even more appropriate investment advices. At this juncture, the SEC wishes to invite all business operators to adopt this suitability test to help improve service quality and better fulfill the investor demands,? Duangmon added.