On 9 January 2023, the UK Government and the Securities and Exchange Commission of Thailand (SEC Thailand) signed a new Memorandum of Understanding (MoU) on Financial Services to further strengthen their partnership in the financial sector. The MoU aims to promote inclusive economic growth and support Thailand on the transition towards low carbon and sustainable economy. It builds on the previous MoU under which the two parties have been collaborating for the past few years.For more details : ht...
Under the previous MoU, the UK and the SEC Thailand worked together with the UK providing technical assistance in areas including accounting standards, the development of financial technology (FinTech) ecosystem, sustainable finance such as green bonds and climate risk disclosure for listed companies, e-Know Your Customer (e-KYC) and cybersecurity. The new MOU will focus on supporting Thailand to further develop the regulatory environment for the FinTech sector, promote sustainable finance, and...
The MOU signed today is a result of a fruitful discussion between SEC Thailand and the SECC on the occasion of a courtesy visit to Cambodia in early August this year. This MOU reaffirms mutual intention to promote and support the successful implementation of cross-border equity offering and depositary receipt (DR) and serves as another important milestone to reflect the strong relationship between SEC Thailand and SECC in addition to the MOU signed in 2014. This MOU covers the establishm...
SEC Secretary-General Ruenvadee Suwanmongkol said that supporting small and medium-sized enterprises (SMEs) to access financial instruments in the capital market is one of the factors that readies SMEs for funding in order to develop their potential and increase their ability to compete both domestically and internationally which is SEC's mission under the master plan of the 20-Year National Strategy "This collaboration between SEC and the Department of Industrial Promotion is considered...
The MoU strengthens the existing relationship between the UK and the SEC, formalising collaboration in areas including accounting standards; the development of Financial Technology (FinTech) to facilitate greater access to finance and business opportunity for Thai FinTech industry; and sustainable finance such as promoting green bonds and climate risk disclosure for listed companies. Initially, specific areas of focus will include green bonds, the fintech ecosystem, e-Know Your Customer,...
The MOU reaffirms mutual intention to promote and support provision of pools of knowledge for listed companies and regulated entities under the SEC supervision to enhance their awareness of the importance of human rights protection in business operation, and to encourage suitable application of the globally recognized UNGPs for businesses of different nature to achieve sustainable development while leaving no one behind. Jointly organized by the SEC, the NHRC, and the United Nation Development P...
clients, volume from existing IUs started to show the recovery sign with 17% growth in July from monthly average in Q2’2020. Furthermore, the trend of gas price looks favorable to our SPP business with a
gradual rebound of consumer purchasing power alongside the effort to restructure the pricing plans and the recovery of tourist- related usages in tourist sims and international roaming calls. This growth
, purchasing power is still weak and no clear sign of recovery in sight. To strengthening their competitive edge in other to enlarge market share, the players have to focus on boosting sales figures rather than
power was limited following rising energy price and inflation. The increased cost of living put pressure on consumers to spend wisely and reduced costs where required. The economic recovery benefited