investors. This single form proposal would facilitate standardized filing of customer profiles and increase investors’ convenience. Based on the previous stakeholders consultation on the governing principles
, customer service and information system, internal control system, and risk management system. In addition, related notifications will be codified into one document to facilitate the business operators
Currently, a large number of intermediaries provide investment products and services. They each tend to require investors to fill in a lot of information via various, different forms to open an investment account. In this regard, investors are usually requested to give the same information repeatedly when open a new account with different intermediaries. Such redundancy causes inconvenience and a burden to investors, which could develop into an obstacle for accessing investment services a...
SEC, as the agency responsible for the supervision and development of the Thai capital market, focuses on the development of more options for SMEs and startups to mobilize funds through the capital market by issuing shares or debt securities that suit the business sector. SEC now allows fund mobilization through crowdfunding, which makes use of digital technology to make the fund mobilization process for SMEs and startups easier and quicker.In addition, since June 2019 SEC has been trying...
Bangkok, 8 November 2017 ? The SEC is seeking public comments on the draft amendment to the Ministerial Regulation for Securities Business Licenses to provide flexibility and support new businesses in the future. The key objective is to put in place a new licensing regime whereby a more specific type of license could be issued to be in line with the applicant's business model. This aims to replace the current regime whereby each license represents a bundle of business undertakings, which proves...
Repeal of Notification Concerning Approval for Auditors of Company Approved to Issue and Offer for Sale of Newly Issued Derivatives Warrant to Facilitate and Rehabilitate or Restructure Debts of the
increase efficiency, reduce costs and facilitate market accessibility. The DLT pilot project will apply to corporate bond business.
The Capital Market Supervisory Board (CMSB)’s meeting, chaired by SEC Secretary-General Ruenvadee Suwanmongkol, passed a resolution yesterday to facilitate listed companies and securities issuers