session was delivered by Assoc. Prof. Dr. Suriyadeo Tripathi, Director of the Moral Center, aiming to enhance the understanding of ethical and moral standards of government officials as well as the SEC
The Securities and Exchange Commission (SEC), led by Mrs. Pornanong Budsaratragoon, Secretary-General, along with SEC executives, held a meeting with the Federation of Thai Capital Market Organizations (FETCO), led by Dr. Kobsak Pootrakool, Chairman, along with FETCO members, and the Thai Digital Asset Operators Trade Association (TDO), represented by Mr. Att Thongyai Asawanan, President, and TDO members, to discuss and exchange key perspectives on enhancing the competitiveness of the Thai stock...
The SEC has amended the regulations concerning supervision of personnel in capital market businesses by extending the renewal application submission period from September 1st to December 15th each year to September 1st to the last business day of each year. This is to provide greater flexibility for business operators and capital market business personnel in applying for an approval renewal through the ORAP system, which has recently been updated. The extended submission period will take...
On 15 November 2022, the Capital Market Supervisory Baord Meeting No. 11/2565 passed a resolution approving the proposal for amendment to the regulations on equity allocation to promote clarity. The SEC later conducted a public hearing to gather views and suggestions on the matter from stakeholders during February – March 2023. The finalized amendment to the equity allocation regulations* has recently been issued. Essentially, an equity issuing company is required to comply with the following pr...
Verified tools. The business sector is encouraged to apply these tools to enhance their protection mechanisms, thereby promoting a safer online environment. Prof. Pornanong Budsaratragoon, Ph.D., SEC
During the joint meeting held at the SEC Building yesterday, the SEC, led by Secretary-General Pornanong Budsaratragoon and the management, and the SET, led by President Dr. Pakorn Peetathawatchat and the management, discussed approaches that the SET could adopt to review rules relating to securities trading in cash account, particularly in placing asset as collateral before purchasing in securities. This is to ensure fair treatment between retail investors and foreign institutional investors ex...
The SEC’s policy is to strengthen the oversight of digital asset business operators with a focus on quality and reliability enhancement of such business operator to protect investors. This means the records of investors’ assets under custody of the business operators must be accurate, complete and updated while the assets must be properly protected from relevant risks. In September 2021, the SEC conducted a public hearing on a proposed amendment to the regulations on custody of clients’ assets....
Presently, several companies are interested to raise fund through digital token offer to finance their investment in office buildings or condominiums which will later be rented for income shared to holders of digital tokens or real estate-backed initial coin offering (ICO). Meanwhile, the regulations have not yet extended to such fund raising method and a smart contract has not yet covered an enforcement of investors’ rights in some issues which are activities occurring outside blockchain...
bond does not specify a redemption period and thus may require that investors hold such bond longer than general debt securities. Additionally, SEC aims to enhance the efficiency of the sale process
in case of complaints or issues on misconduct of directors or executives of listed companies under the Securities and Exchange Act B.E. 2535 (1992) to enhance flexibility of work process and