one-fourth of board members by January 1, 2016. From January 1, 2016, new licensees must appoint independent directors in compliance with the specified proportion  prior to commencing business

annual report. The information available in MD&A and risk factors includes analysis and explanation concerning the impact on business operation, financial condition, operating result, obligation for prior

investment units, debt securities, equities, derivatives and provident funds. Instead of doing the suitability test prior to every investment in new products, investors can do one set of the test for

, or service providers with at least five-years of related experience. In case of outsourcing to any other persons, the SEC?s prior approval is needed. The SEC?s consideration will focus on business

Exchange of Thailand. The papers pointed out the significance of making prudent study on information and fundamental analysis of securities prior to making investment decision in order to mitigate trading

determined prior to the placement date, however, listed companies must file an application for approval along with a draft notice calling for shareholders? meeting with the SEC for consideration and review of

be requested to provide clarification and its subsequent advertisement may be subject to the SEC?s prior approval. Already publicized advertisements must be revised within 15 days to be in compliance

with at least five-years of related experience.  In the case of outsourcing to the service provider other than the above mentioned, the business operators are required to seek  SEC approval prior to the

a selling order for the securities in such account. It was found that prior to the transaction, {A} had learnt of the identity of the securities' beneficial owner who was not the account owner

sentence of imprisonment for 1 year and a fine of 100,000 Baht. As the defendant had no prior criminal record involving imprisonment, the Court suspended the execution of the imprisonment sentence for a