Bangkok, 17 April 2020 – SEC has extended the deadlines for completing training requirements and applying for renewal of approval for personnel in the capital market business to mitigate the impacts of the novel Coronavirus disease (COVID-19) outbreak. In this regard, the training completion and the renewal of approval due within the end of this year are extended to 31 March 2021.
SEC Secretary-General Ruenvadee Suwanmongkol
said: “Due to the current situation of the COVID-19 outbreak, SEC has issued
this support measure to help personnel in the capital market business to sort
out the training and renewal requirements during the social distancing period.
In this regard, fund managers, derivatives fund managers, investment analysts,
investment consultants and investment planners who have to complete the
training or renewal requirements by the end of this year can do so within 31
March 2021 instead. The approved renewal will be valid until 31 December 2022 according
to the standard rule.
“SEC views that this support measure
is appropriate under the current circumstances and given the fact that
completing all training requirements takes time. Thus, SEC expects the deadline
extension will help a lot of personnel in the capital market business whose
approval will expire by the end of this year as well as other affected parties,
from business operators to training institutes. In addition, SEC is collaborating
with Thailand Securities Institute (TSI) in
promoting alternative approaches to delivering knowledge and skill training
courses to trainees anytime, anywhere more conveniently on a regular basis
using technology-based tools such as e-learning,” added Ms. Ruenvadee.
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