conjunction with Section 83 of the Penal Code. The Civil Sanction Committee has resolved to authorize the SEC to initiate civil sanction proceedings against the 13 offenders, requiring each to pay civil penalty
), the shareholders should not ratify this transaction because the agreement contains a condition requiring GSTEL to appoint the Mahachai Group as its sole sales distributor for a period of five years
Bangkok, August 20, 2012 ? The SEC revealed that examination on quality assurance of audit firms showed satisfactory result after the issuance of regulation requiring all auditors of companies in the
employer?s contribution to raise employee?s savings without requiring employer?s additional contribution. At present, the law prescribes that employer shall pay the contribution into the fund at the rate not
discipline, e.g., mutual funds requiring consistent and continual savings, (ii) mutual funds for particular investment objectives, e.g., mutual funds for child education, (iii) semi-mandatory mutual funds for
scores and recommendations are summarized as follows:(1) Client acceptance and continuance (A&C): Some audit firms may need to improve A&C by requiring consideration on all significant information before
; (4) Approving an exemption from an event of default under the terms and conditions for the company’s inability to comply with the financial covenant requiring the maintenance of the interest-bearing
for the person under (a) to be able to independently exercise the right to vote in accordance with the rules in (b) in the case where the matter requiring the vote has a conflict of interest with the
___________________________________________________________________________ Remark: The rationale for issuing this Notification is to repeal requirements related to appointment of a manager of full-service branch office and requiring securities company arrange to have