Some business operators wish to provide services of specific securities business, for example, brokerage, dealing and underwriting of equity instruments or private fund management, but are unable to operate such businesses with reasonable costs because the current licensing regime under the Ministerial Regulation is securities license which includes various groups of securities business and all securities which come with high application fees and do not answer the need of business operators who...
On 22 September 2022, the Capital Market Supervisory Board Meeting No. 10/2565 passed a resolution approving the proposed amendments to the regulations related to establishment and relocation of offices or branches of business operators in accordance with the Regulatory Guillotine to increase flexibility and streamline processes and operating burdens on the business sector. Essentially, the proposed amendments would: (1) apply the same auto approval principles for the establishment of...
, B.E. 2483 (1940), the next step is for the creditors to file for debt repayment with the official receiver of the Legal Execution Department within one month from the publication date in the Government
Earlier, the Civil Sanction Committee (CSC) resolved to impose civil sanctions on 12 offenders* for manipulating the share price of Scan Inter Public Company Limited (SCN), requiring them to pay the total amount of 28,223,311 baht (comprising civil penalties, compensations in the amount equal to the benefits received or would have been received and reimbursements of investigative expenses incurred by the SEC). These individuals were also prohibited from trading securities and derivatives for 14...
. Therefore, SEC has submitted the case for the public attorney to file a lawsuit in the Civil Court in order to impose civil sanction at the total amount of 1,225,071.66 baht. In this regard, Eakarat would be
. Therefore, SEC has submitted the case for the public attorney to file a lawsuit in the Civil Court in order to impose civil sanction at the total amount of 1,225,071.66 baht. In this regard, Eakarat would
The SEC has received, from the referral of Stock Exchange of Thailand (SET), the case presumed to be price manipulation of MORE shares. In addition, the ECD has received, together with related evidence, complaints from 10 securities firms asking for legal actions against a number of persons, allegedly deceiving and defrauding the companies of the securities trading money, causing damage to the companies and misleading the general public about the trading price and/or volume of MORE shares.With f...
period of 12-31 months (as the case may be)*. However, as they all refused to comply with the civil sanctions specified by the CSC, the SEC has sent a written request to the public prosecutor to file a
. Pursuant to the Bankruptcy Act, B.E. 2483 (1940), the next step is for creditors to file for debt repayment with the official receiver of the Legal Execution Department within one month from the publication
Disri refused to comply, which reflected their unwillingness to settle the case with the SEC at this stage. The SEC, therefore, sent a written request to the public prosecutor to file a lawsuit against