Bangkok, December 12, 2014 ? The SEC is seeking public comment on proposed  revisions of capital requirement for asset management companies to maintain adequate minimum capital requirement for business operations and mitigate undesirable impacts especially    the operational risks. The proposed revisions include rectification of non-compliance with capital requirement and imposition of operational restriction in case where the asset management companies are unable to maintain adequate capital. As the asset management companies have been allowed to apply for undertaking of business as a trustee, the proposal also cover trust related transactions.

Meanwhile, minimum capital requirement, reporting requirement and guidelines for the asset management companies being unable to maintain adequate capital are included in the proposed revisions.

The consultation paper is available on www.sec.or.th. Stakeholders and interested parties are welcome to submit comments through the website, or facsimile number at 0-2695-9930 or email address at kengkat@sec.or.th until December 25, 2014.