Bangkok, March 29, 2013 ? The SEC is seeking public comment on proposed rules on outsourcing in securities and derivatives businesses. The proposed revision aims to facilitate and increase the
of the SET?s action regarding rules on backdoor listing to protect shareholders and ensure the orderly market.
persons and general investors applies the same rules. In addition, the issuing companies must ensure that subscribers through any channels such as website or telephone, obtain executive summary or factsheet
-called Know Your Customer (KYC)/ Customer Due Diligence (CDD) rules and to report suspicious transactions. Moreover, in cooperation with securities business operator, the SEC sets up standards and
with the SEC rules on standards of conduct is subject to strict sanction, said SEC Deputy Secretary-General Vasant Thienhom.
to pass the test on basic knowledge, rules and regulations and knowledge on specific product which investor contact intends to be a seller. If intending to expand scope of duty to additional product
innovations in domestic and foreign markets; (3) Corporate finance & products: Rules, regulations and procedures governing issuance and public offering of financial instruments and related transactions;(4
scope of operation of foreign representative branches of Thai business operators and apply the rules of the regulators of such foreign representative branches instead, (3) allow more flexibility on
rules; (3) Advertising, persuading or acting in any other manners to support the deposit taking and lending services under (1) and (2) of other service providers. The consultation paper is available at