Bangkok, July 23, 2014 ? The SEC will put into effect regulations on depositary receipts (DRs) by the third quarter of this year to provide investors with more investment alternatives. 

Vorapol Socatiyanurak, SEC Secretary-General said that the Capital Market Supervisory Board recently approved DR regulations on approval criteria and information disclosure. The launch of DRs will increase Thai capital market?s product variety while it will be more convenient for investors to invest in foreign securities.

Foreign securities underlying DRs must either be shares of a large company or investment units of an exchange-traded fund (ETF) listed on the world leading securities exchanges. Investors interested in DR investment must keep updated on information about underlying foreign securities from various sources, such as websites of DR issuers, underlying foreign securities and the Stock Exchange of Thailand.  Furthermore, investors must study terms and conditions of deposit agreements to have thorough understanding about rights and duties of DR holders and issuers as well as applicable fees.