Bangkok: The SEC has announced a revision of the knowledge review criteria for investment analysts (IA), set to take effect from July 1, 2025. The changes are aimed at ensuring that IAs receive training that aligns with their professional duties.
According to Thai News Agency, the Securities and Exchange Commission (SEC) has detailed several key changes in the revised criteria to enhance the knowledge review process for Investment Analysts (IA). The revisions aim to tailor the knowledge and training requirements specifically to the experience and type of IA, separating them from the criteria applicable to Investment Consultants (IC) and Investment Planners (IP).
The revised criteria include a minimum of three hours of training in regulations, ethics, or laws related to investment analysis. Additionally, there is a mandate for three hours of training in basic environmental, social, and governance (ESG) factors for all investment analysts renewing for the first time. Furthermore, there is a requirement for at least three hours of ESG-specific training for investment analysis, though this does not apply to technical investment analysts.
The Stock Exchange of Thailand, recognized by the SEC, will oversee the determination of knowledge scope, training standards, and the approval of refresher courses necessary for the renewal of IA licenses, ensuring consistent industry standards.
The SEC has also established provisions to support refresher course training for IAs who have already started training under the current criteria and those whose licenses have lapsed but wish to seek new approval.