The current situation regarding investment scams through online channels has become increasingly concerning and has caused widespread harm to the public. Various deceptive tactics are being used, with constant evolution in their forms and the use of new technologies. As a result, the public and investors are increasingly falling victim to these schemes. In Thailand, online investment scam cases have caused the highest amount of financial damage compared to other types of online crime cases.IOSCO...
Mrs. Pornanong Budsaratragoon, Secretary-General of the Securities and Exchange Commission (SEC), delivered the opening remarks at the seminar on “Transition Finance: Bridging the Gap to Sustainability,” co-organized with the Asian Development Bank (ADB). The event aimed to strengthen the capacity of the business sector to raise funds in line with transition finance, facilitating a credible transition to a low-carbon society. Additionally, experts from both local and international organizations...
member of Standing Committee of the Communist Party of China and representatives from Chinese businesses to discuss the collaboration between the Thai capital market and Kunming City of Yunnan Province
The MOU with the AMLO aims to enhance collaboration for the benefit of preventing and suppressing money laundering with a focus on mutual sharing of information and agency-specific expertise. This
seminar, launching the “#ThaiPeopleStayInformed: Anti-Scam Digital Literacy Hub” Initiative in collaboration with the Ministry of Digital Economy and Society (DE) and partners from the public sector and
his delegation on their visit to exchange policy directions and development goals for the economic and capital markets of both countries. The two parties also explored ways to strengthen collaboration
Following the tips from various sources to SEC, there are solicitations via social media platforms regarding investment in digital assets in addition with claims of several exchange services for trading those digital assets with other cryptocurrency such as Bitcoins and Ethereums, on the following websites: (1) https://payniex.com/(2) https://www.misterchanger.com/(3) http://www.thaiexchanger.com/(4) https://www.egtexchange.com(5) ...
Bangkok, May 15, 2015 ?The SEC is seeking public comment on revisions of rules for securities and derivatives business operators in the areas of fiduciary duties, organization structure, operating system and personnel. The proposed revision is to introduce a compilation of rules, at present, stipulated in a number of regulations; for instance, rules and conditions concerning business undertaking and operating system with a view to applying the same and consistent standards to all types of busine...
Based on information provided by a whistleblower and the SEC’s further investigation, it has been revealed that Morakot has displayed behaviors indicative of conducting securities business in the capacities of an investment consultant and private fund manager without obtaining the necessary license. In this context, he sought public engagement regarding the value of securities and the suitability of investments associated with securities, as well as the management of individuals' investme...