Early this year, SEC held public hearings to obtain views on establishing rules that require companies issuing IPOs to disclose information related with the offering for sale of their securities in an audiovisual format in a bid to respond to the changing behaviors of investors, who tend to use the Internet more as a channel to receive information and do not spend as much time on reading long information disclosure forms. This idea was well supported from both business operators and inves...
At present, transnational financial crimes have become increasingly complex, particularly money laundering offenses. This is compounded by the expansion of business operations across multiple industries (cross sector), both domestically and internationally, which may create opportunities for unsuitable persons to become involved with business operators, either directly or indirectly. These factors underscore the critical importance of robust screening of the qualifications and suitability of maj...
SEC also seeks public comments on whether existing fund supervisors, such as commercial banks or fund supervisors that are digital asset business operators, may appoint a foreign digital asset custodian
The MOC has issued the Ministerial Regulation Prescribing Rules and Procedures on the Repurchase of Shares, Disposal of Repurchased Shares and Deduction of Repurchased Shares of Companies (No. 3) B.E. 2568 (2025) (Amended Ministerial Regulation on Share Repurchase). One of the key amendments introduced under the regulation is an extension of the disposal period for repurchased shares in the case of securities listed on the Stock Exchange of Thailand (SET), in order to provide companies with grea...
As part of its review of the definition of major shareholder applicable to derivatives business operators required to obtain approval, the SEC aims to ensure that the definition appropriately reflects ultimate controlling persons and enables such operators to maintain credible major shareholders, as well as to ensure consistency in the supervision of businesses under the SEC’s oversight. In this regard, the SEC conducted a public hearing on the aforementioned principles during January–Feb...
The key proposals are summarized as follows: (1) Amendment to DR regulations by requiring higher-quality underlying securities (UL) for DR issuance and offerings, in line with the nature of DRs as simple, plain‑exposure products. Transparency of DR transactions will also be enhanced through reporting and monitoring requirements. In addition, the use of UL supporting DRs for pledging, collateralization, encumbrance, or any other arrangements to obtain benefits will be prohibited, to ens...
The SEC has revised the principles of the relevant regulations on bondholders’ representatives to enhance clarity and better alignment with the current context, with a view to strengthening the effectiveness of supervision of bondholders’ representatives and the protection of bondholders. In this regard, the SEC previously conducted a public hearing on these principles, for which the majority of respondents expressed agreement.Accordingly, the SEC has prepared four draft notifications in line wi...
AMCs play an important role in managing investments for both retail and institutional investors. Their responsibilities include making investment decisions, managing risks, exercising voting rights, and engaging with investee companies on behalf of unitholders. However, information on AMC operations is currently disclosed through various channels, which may make it difficult for investors to obtain a complete overview.The SEC therefore proposes that the Annual Reports of AMCs serve as a central...
Under the current regulations, retail mutual funds, accredited investor funds, and provident funds may invest in special savings certificates issued by the Government Savings Bank (GSB) and savings certificates issued by the Bank for Agriculture and Agricultural Cooperatives (BAAC). These instruments are classified as “deposits or deposit-equivalent instruments.” However, the current definition does not include savings certificates issued by GHB.The SEC is therefore seeking public comments on th...
assets).** SEC News No. 59/2026 dated 20 March 2026 “SEC seeks public comments on proposedamendments to credit rating requirements for bonds with foreign risk exposureto align with international standards