Mr. Thawatchai Pittayasophon, Deputy Secretary-General, acting Secretary-General of the Securities and Exchange Commission (SEC), Mr. Anek Yooyuen, Deputy Secretary-General, together with SEC executives and staff, joined the well-wishing and oath-taking ceremony to be good government employees and force of the nation, and signed a well-wishes book on the auspicious occasion of HM King Maha Vajiralongkorn Phra Vajiraklaochaoyuhua's Birthday, at the SEC Building, on 27 July 2023
Mr. Thawatchai Pittayasophon, acting Secretary-General of the Securities and Exchange Commission (SEC), and Deputy Secretaries-General, i.e., Mrs. Waratchya Srimachand, Ms. Jomkwan Kongsakul, and Mr. Anek Yooyuen, together with SEC executives and staff, joined the well-wishing ceremony and signed a book of well-wishes on the auspicious occasion of HM Queen Suthida Bajrasudhabimalalakshana’s Birthday Anniversary on 3 June 2023, at the SEC Building, on 2 June 2023.
Under the amendments, SEC has proposed to lift the limitations on unitholding which bar any person or any associated person from holding investment units in a mutual fund over one third of the total sold units, but asset management companies are still required to disclose information regarding unitholding over the one-third rule to investors and such unitholders are not allowed to exercise their rights of voting for the units they hold beyond the one-third rule. In addition, business opera...
According to AIA’s inspection report and SEC’s further investigation, it was found that Sorrapon received the unit-linked life insurance premium from the client but did not forward the premium money to the company as originally intended by the client. Instead, he used the money for his own benefit. As a result, the client’s life insurance policy became ineffective and the client suffered damage at the amount of 20,000 baht. SEC has considered that Sorrapon failed to perform duties with...
นายกำพล ศรธนะรัตน์ ผู้ช่วยเลขาธิการ สำนักงานคณะกรรมการกำกับหลักทรัพย์และตลาดหลักทรัพย์ (ก.ล.ต.) กล่าวเปิดการบรรยายพิเศษหัวข้อ “พ.ร.บ. คุ้มครองข้อมูลส่วนบุคคล What’s next?” ซึ่ง ดร. ปิยะบุตร บุญอร่ามเรือง อาจารย์คณะนิติศาสตร์ จุฬาลงกรณ์มหาวิทยาลัย ที่ปรึกษาสำนักงานคณะกรรมการคุ้มครองข้อมูลส่วนบุคคล ให้เกียรติเป็นวิทยากร โดยเน้นการสร้างความรู้ความเข้าใจเกี่ยวกับพระราชบัญญัติคุ้มครองข้อมูลส่วนบุคคล พ.ศ. 2562 ที่มีผลบังคับใช้ตั้งแต่วันที่ 28 พฤษภาคม พ.ศ. 2562 ให้แก่ผู้ประกอบธุรกิจภายใต้การกำกั...
Fixed income funds are steadily growing with more diversified investment portfolios. As of the end of 2018, net assets value of fixed income funds was approximately 2.6 trillion baht, most of which are fixed income funds making daily redemptions and same-day settlements or settlements on the next business day. It is therefore crucial that they maintain adequate liquidity to respond to emerging market situations.SEC has proposed to revise the guideline on maintaining liquidity of fixed inco...
SEC is proposing to amend the regulation on the establishment and management of the paperless mutual funds in accordance with the Thai capital market development plan, and to become a part of the global effort to reduce carbon emissions leading to global warming. SEC has therefore upgraded the Online Fund Approval and Management System (“OFAM”) to accommodate paperless filings.Businesses can electronically file an application through the OFAM system without having to submit hard copies to...
SEC Secretary-General Ruenvadee Suwanmongkol said, “As I have taken a job as head of SEC since early May, I commit myself to work closely with SET on holistic approach in order to enhance competitiveness of Thai capital market and will continue to implement projects agreed in the first quarter, aiming at achieving best results in a timely manner. We support listed companies, reduce redundancy as well as regulatory burden. This would lead to more efficiency and clarity. We have also committed ou...
The regulatory revision on the information disclosure and an issuer’ auditor takes into account the readiness of the capital markets without creating too much burden for stakeholders. Significant issues required to be disclosed are as follows: (1) To additionally disclose directors and executives’ compensation policy, method of determining the compensation packages, structures of each compensation remuneration type, and accrued expense of the latest year’s compensation; (2) To clearly dis...
The SEC’s instruction followed the latest developments within IFEC organization, namely the resolution of IFEC Extraordinary Shareholders’ Meeting No. 1/2561, appointing new directors to fill in the vacancies, the company’s registration of the replacing directors with the registrar at the Department of Business Promotion, the Ministry of Commerce, the registrar’s acceptance of the registration of the six new directors on 8 March 2019, causing the IFEC Board to fully comprise 8 directors,and the...