meeting concluded that SEC would revise the supervision regulations which are problematic or unnecessary (regulatory guillotine) and consideration would be given to the differences in business models
have reviewed the criteria for licensing application and prevention of conflicts of interest, with involved parties engaging in the whole process. Results of the regulatory review will be completed in
accordingly. The revised rules on the rotation of auditors specify that the auditors of a listed company must be rotated off after 7 cumulative years of service and must serve a cooling-off period for 5
to clarify assessment criteria within first half this year. ?The assessment will be conducted by CG experts based on publicly disclosed information including notice of shareholders? meeting and annual
debentures and share warrants, to be in line with those governing other securities. The objective of this revision is to facilitate fundraising of business operators while protection of shareholders? rights
debentures, bills of exchange (B/E) and derivative warrants (DW), allotment to the related persons will be allowed in the similar manner as that to general investors. The revised regulations aim to strike a
said criteria will be announced.Vorapol Socatiyanurak, SEC Secretary-General said, ?Under the revised criteria, all shares having high turnover ratio will be listed on the Turnover List as the limit of
2 UNOFFICIAL TRANSLATION Readers should be aware that only the original Thai text has legal force and that this English translation is strictly for reference. The SEC, Thailand can neither undertake
1 UNOFFICIAL TRANSLATION Readers should be aware that only the original Thai text has legal force and that this English translation is strictly for reference. The SEC, Thailand can neither undertake