In this regard, the Securities and Exchange Commission (SEC) is amending the relevant regulations to support the aforementioned tax benefit measures. These amendments broaden the investment scope of Thai ESG funds and strengthen the fiduciary duty of asset management companies (AMCs) to ensure responsible investment. Mrs. Pornanong Budsaratragoon, SEC Secretary-General, said: “The Capital Market Supervisory Board (CMSB), at its meeting No. 7/2567 convened on 16 July 2024, passed a resolution ap...
The Constitutional Court has passed a unanimous ruling that the presumption of persons having known or possessed the inside information under Section 243 and Section 244 of the Securities and Exchange Act B.E. 2535 (1992) (SEA) and the imposition of the statute of limitations for criminal cases on civil lawsuits in order to enforce civil sanctions under Section 317/13 of the SEA are not contrary to or inconsistent with Paragraph 1 of Section 26 and Paragraph 2 of Section 29 of the Constitution. ...
the use of financial services by investors. The SEC is therefore proposing to amend the reporting rules for business operators. Currently, the existing regulations require that business operators
Following the public hearing on the Principle of Thailand Sustainability Disclosure Roadmap regarding the International Sustainability Standards Board (ISSB Roadmap), the SEC has taken all stakeholders’ inputs into consideration in the process of drafting the amendments to the relevant regulations and documents to enhance the requirements on the sustainability-related information disclosure of listed companies* to align with the ISSB Standards. In this regard, the Capital Market Supervisory Boar...
Bangkok, 25 July 2022 – It appears that Zipmex Thailand has not resumed its digital asset trading service in accordance with the company’s rules, conditions and procedures (Trading Rules) as approved
SEC Secretary-General Ruenvadee Suwanmongkol said that SEC is well aware of the importance and necessity in enhancing competitiveness with standardized rules and regulations and convenience to the
seek for the approval. Crowdfunding portals must be established with an efficient IT system in accordance with SEC’s rules and guidelines associated with establishment of IT system***, aiming to
The proposed amendments aim to improve the rules and guidelines for operating digital asset businesses to be more timely and appropriate in line with the industry developments and the current
Essentially, the amendments would apply to digital asset business operators, i.e., exchanges, brokers and dealers, and cover the licensing process, from change to the fee payment time frame to extension to the time frame of readiness preparation for business commencement in case of necessity. In addition, the regulations governing key aspects of digital asset business operation would be amended. For example, data storage system, management system and custody of client assets. This is to pr...
amended regulations in this matter have come into force since 16 July 2021. The AIMC is responsible for issuing relevant rules under the SEC’s approval, as part of the investor protection mechanism. If