members (consisting of executives and representatives from 38 securities firms) held discussions and shared views regarding operations that may affect trust and confidence in the Thai capital market such as
Under the existing regulations, each business operator allows to prepare the customer complaints’ handling report in its own style and classify the type of complaints as it deems appropriate. Such variations have caused SEC extra time on processing the data for regulatory use. In addition, the current regulation which requires the operator to submit the report in paper form to SEC has incurred an undue burden to the business. SEC, therefore, proposes to amend the regulations by requiring...
Bangkok, February 9, 2016 ? The SEC is seeking public comments on draft amendments to several regulations governing provident fund (PVD) management to promote PVD as an effective savings chanel for employees. The revision aims at encouraging employees to save more, save longer, and save smart, to enjoy better quality of life after retirement.The proposed amendments would require that asset management companies comply with the following key regulations: 1) To provide several investment plans f...
, sufficiently, and comprehensively. The SEC?s seminar, recommendations, and checklist are the tools that enable listed companies to enhance their disclosure quality. If they all can proceed in accordance with
of building confidence in the capital market. Implementing lawsuits quickly and actually against law violators will have the effect of suppressing and deterring wrongdoing in the future. Therefore, the
investment was made. Therefore, the general public could not utilize the capital market to create financial freedom.”“The Five Steps toward Investment Confidence project was initiated from the intent of SEC in
In December 2021, the SEC conducted an earlier public hearing on the proposed amendments to the aforesaid Rules, the objective of which is to accommodate the use of technology to operate business in the changing landscape and address cyber threats. Comments and suggestions from stakeholders were taken into consideration in drafting the amendments more appropriately. Essentially, the key amendments to the IT Standard Rules this time are summarized as follows: (1) Establishing IT-related risk ass...
The event is with the objective to continuously drive forward the Thai capital market because SEC recognizes the significance of the encouragement and development of knowledge regarding finance and investment, in order to become quality investors and fundraisers. Investors will experience how to be quality investors, who are able to uphold the responsibility regarding their own finance and investment, and also build up immunity for themselves against fraudulent solicitations via a variety...
The SEC has reviewed the regulations concerning the SPO shares offering and the mai/SET listing requirements for LiVEx-listed companies to better accommodate small and medium-sized enterprises and enable LiVEx-listed companies to conduct business with more flexibility, while continually maintaining appropriate levels of investor protection. Another proposed amendment is a revision to the mai/SET listing regulations to facilitate mai/SET listing for LiVEx-listed companies. The proposed amendments...