Thai fund managers close in on self regulation
The Bangkok-based Association of Investment Management Companies is optimistic about having a self-regulatory organisation in place by early next year, but some fund managers are sceptical.
Some fund managers in Thailand feel the target of having a self-regulatory organisation (SRO) for the country's asset-management industry in place by early next year may be overly ambitious.
If it is to be achieved, the Association of Investment Management Companies (AIMC) and the Securities and Exchange Commission certainly have some busy months ahead, alongside an ongoing capital markets overhaul that will affect both fund managers and brokers.
The association has been in “hea…
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