The Thailand Securities and Exchange Commission has amended its rules on mutual fund share class classification to clarify the framework, reflect Thai market practices and align with international standards, while giving asset management companies more flexibility and supporting fee charging that matches the share class selected by investors. The amended rules take effect from 16 January 2026. The revised framework sets core principles for share class structuring and gives the SEC authority to prescribe additional details and characteristics. It expands the potential criteria for distinguishing share classes to include investor type, subscription and redemption conditions, and currency hedging policy, permits differentiated fees and expenses across share classes where services or costs differ, and requires additional risk management measures for mutual funds that offer currency-hedged share classes. The amendments follow an August 2025 public hearing and have been published in the Government Gazette through six related notifications.
Thailand Securities & Exchange Commission 2026-01-05
Thailand Securities and Exchange Commission revises mutual fund share class structure rules effective 16 January 2026
The Thailand Securities and Exchange Commission has amended mutual fund share class classification rules to align with international standards and Thai market practices, effective 16 January 2026. The revised framework allows asset management companies more flexibility, introduces criteria for distinguishing share classes, and mandates additional risk management for currency-hedged classes.