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...
Bangkok, February 13, 2015 ?Current regulations prescribe that a mutual fund must be dissolved if more than two-third of all the units sold were redeemed. The rationale behind the said regulations is that such redemption may cause liquidity problem to the mutual fund and thus affects other unitholders. For, funds of funds and feeder funds investing in large overseas funds, however, the redemption may not bring about liquidity problem and the funds? inability to appropriately sell their assets. T...
Bangkok, February 13, 2012 ? The SEC is seeking public comments on draft revisions to the regulations governing approval for valuation companies and principal valuers for public purposes associated with the capital market. Aiming to enhance supervision of property valuation profession to be in line with international standards and more suitable for current market environments, the proposed revisions address three key areas: (1) qualifications and criteria for approving valuation companies and pr...
Bangkok, January 19, 2012 ? The SEC is seeking public comments on a draft amendment to the property fund rule governing allocation of investment units which would ? through exemption of the small lot priority rule ? extend the subscription limit for organizations managing investment for individuals. The proposed revision would apply to the Government Pension Fund, the Social Security Fund, provident funds and mutual funds which could contribute to appropriate unit price setting and market-driven...
Bangkok, November 27, 2013 ? The SEC is seeking public comment on revising rules governing the asset management companies? reporting requirement. The proposed revision focuses more on reporting objective and providing up-to-date information sufficient for risk analysis. The reporting requirements on those unused for supervising purpose will be eliminated while frequency of report submission will be reduced. The consultation paper is available on the SEC website at www.sec.or.th. Stakeholders and...