The Thailand Securities and Exchange Commission has opened a consultation on proposed changes to the rules for amending the Thailand Future Fund (TFF) project. The proposal would allow some amendments to be treated as approved by the SEC Office instead of requiring a unitholder resolution in every case, to give the fund more flexibility and reduce costs while maintaining governance and protection of unitholders’ rights. Under the proposal, SEC Office approval would cover amendments that clearly provide additional benefits to all unitholders without prejudicing their rights, changes needed to comply with the Securities and Exchange Act and other relevant laws, corrections and updates to names and other details of persons, and additions of information required under a Notification of the SEC Office. The SEC said the current requirement for unitholder resolutions on any TFF project revision can delay routine or beneficial updates and creates extra costs for the fund. The consultation closes on 15 June 2026.
Thailand Securities & Exchange Commission 2026-05-14
Thailand Securities and Exchange Commission consults on allowing certain Thailand Future Fund amendments without unitholder resolutions
The Thailand Securities and Exchange Commission has opened a consultation on proposed changes to the rules for amending the Thailand Future Fund project. The proposal would allow the SEC Office to approve certain amendments without a unitholder resolution where changes benefit all unitholders, ensure legal compliance, correct or update details, or add required information, in order to increase flexibility and reduce costs while maintaining governance and unitholder protection.