The Thailand Securities and Exchange Commission has opened a consultation on proposed principles to amend the reporting framework for asset management companies by requiring an organization-level annual report that consolidates key disclosures into a single source. The proposal is intended to replace fragmented disclosures across multiple channels with one integrated report, giving investors a clearer view of an asset manager’s operations, performance, risk management, governance and stewardship activities. The requirement would apply annually to asset management companies conducting mutual fund management, private fund management or provident fund management. Reporting would be calibrated to the nature, size and complexity of each firm under a proportionality approach, and firms in groups that already produce group-level reports could draw on those materials while remaining responsible for accuracy, completeness and relevance. The annual report would need to include four core parts: business operations and results, corporate governance and reporting on the Investment Governance Code for Institutional Investors, audited annual financial statements with an opinion from a Securities and Exchange Commission-approved auditor, and certification of information accuracy by an authorized signatory. Reports would be published on the firm’s website or another readily accessible channel within four months of the accounting period end, extended to six months in the first year of implementation. The Securities and Exchange Commission proposes to make the framework mandatory from fiscal year 2028, with first publication in 2029, while allowing voluntary early adoption by firms that are ready. For listed asset management companies already required to prepare Form 56-1 One Report, the new disclosures could be incorporated into that filing, with only additional items required where the existing form does not already cover the prescribed criteria. The consultation runs until 23 July 2026.
Thailand Securities & Exchange Commission2026-06-23
Thailand Securities and Exchange Commission launches consultation on annual report framework for asset managers with mandatory reporting from 2028
The Thailand Securities and Exchange Commission is consulting on a new annual report framework for asset management companies that would consolidate key organization-level disclosures into one report. The proposal would apply to firms managing mutual, private or provident funds, with reporting tailored by proportionality and publication generally due within four months of year-end. Mandatory application is proposed from fiscal year 2028, with first publication in 2029 and early adoption allowed.