BUSINESS

Licensing exemptions for foreign securities firms

Business, Tilleke & Gibbins International Ltd, Published on 23/08/2013

» The Stock Exchange of Thailand has taken many steps in recent years towards gradual liberalisation of the country's capital market. For example, more foreign products are now permitted to be offered to Thai investors. This includes qualifying foreign exchange-traded funds, qualifying Asean Collective Investment Scheme and foreign-listed stocks with the intention of secondary listings on the SET. Exchange-control rules have also been relaxed, allowing Thai investors _ both institutions and high net worth individuals _ to invest in foreign capital markets.