Bangkok, May 30, 2013 ? The SEC is seeking public comment on the revision of regulations on capital market personnel for greater prudence, appropriateness and standards in order to enhance credibility of business operators and the Thai capital market. The proposed revision will extend the scope of capital market personnel who are subject to the prohibited characteristics to those with duties that are likely to have improper behavior and have adverse impact on clients and mutual funds. The person...
Bangkok, October 31, 2012 - The SEC is seeking public comment on regulation on outsourcing in securities and derivatives businesses. The proposed regulation aims to standardize the supervision on outsourcing, facilitate more flexibility, reduce operating cost and enhance business in the area outside the business operator?s specialization. Business operator will be allowed to outsource activities directly relevant to its core business, for example, preparation of research report, risk management...
Bangkok, December 6, 2012 ? The SEC is seeking public comment on a draft revision to the rule governing disclosure requirement of securities issuers in policy and arrangement on anti-corruption, corporate social responsibility and qualifications of employees in charge of corporate governance. The proposed revision would help investors and other stakeholders to gain a greater knowledge of the companies? operations with increased transparency and prudence. The revision is in line with current in...
Bangkok, December 6, 2012 ? The SEC is seeking public comment on a draft revision to the rule governing?disclosure requirement of securities issuers in policy and arrangement on anti-corruption, corporate social responsibility and qualifications of employees in charge of corporate governance. The proposed revision? would help investors and other stakeholders to gain a greater knowledge of the companies? operations with increased transparency and prudence. The revision is in line with current int...
Bangkok, December 6, 2012 ? The SEC is seeking public comment on a draft revision to the rule governing disclosure requirement of securities issuers in policy and arrangement on anti-corruption, corporate social responsibility and qualifications of employees in charge of corporate governance. The proposed revision would help investors and other stakeholders to gain a greater knowledge of the companies? operations with increased transparency and prudence. The revision is in line with current inte...
?Bangkok, December 11, 2012 ? The SEC is seeking public comment on draft regulations? governing advertisements and marketing campaigns for selling all financial products, particularly mutual funds of securities and derivatives companies. The regulations would contribute to improved standards and appropriate practices, allowing access to important information for investment decision making. Comments and suggestions on the matter are welcome until December 20, 2012Advertisement content and format...
Bangkok, November 1, 2012 ? The SEC is seeking public comment on proposed revision of the Provident Fund Act B.E. 2530 to facilitate employee?s continuous savings into provident fund and thus having sufficient retirement savings. Comments and suggestions on the matter are welcome until November 10, 2012.The proposed revision aims to help support employee?s living after resignation. Provident fund?s member who, at the age of 55 or older, resigns his or her post will be allowed to receive installm...
Bangkok, March 25, 2013 ? The SEC is seeking public comment on proposed regulatory revision governing preparation of financial statements of holding company applying to offer for sale of newly issued securities. The proposal aims to accommodate a new holding company established as a result of shareholding and business restructure. The newly established holding company is therefore unable to prepare the most recent annual and quarterly financial statements as required under the existing regulati...
?Bangkok, March 25, 2013 ? The SEC is seeking public comment on proposed regulatory revision governing preparation of financial statements of holding company applying to offer for sale of newly issued securities. The proposal aims to accommodate a new holding company established as a result of shareholding and business restructure. The newly established holding company is therefore unable to prepare the most recent annual and quarterly financial statements as required under the existing regulati...