Bangkok, 3 February 2020 – SEC has announced that the regulations on establishment of Super Savings Fund (SSF) have come into force today after its publication in the Government Gazette on 31 January 2020.
“Asset management companies can now submit an application for approval of SSF establishment from 3 February 2020 onwards. SEC will speed up the approval process. In this regard, investors should invest in SSF regularly throughout the year to create a savings discipline for financial well-being,” said SEC Secretary-General Ruenvadee Suwanmongkol.
Several asset management companies have already consulted with SEC about setting up SSF, which is expected for launch to the public in mid February this year.
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