seeks public comments on proposed amendments to the takeover regulations,” dated 1 November 2024
This action is undertaken under the SEC’s strategic plan to enhance listed companies’ corporate governance and the practices of relevant parties, which includes strengthening the role and promoting the duties of internal auditors and internal control systems to ensure the internal control efficiency of listed companies and prevent fraud or improper operations, thereby strengthening confidence and protecting investors in the Thai capital market.In this regard, the SEC is proposing principl...
The SEC has proposed amendments to the principles on the management of unclaimed client assets to enhance flexibility for securities companies and derivatives brokers (business operators) in cases where they have to cease operations or are unable to maintain net capital (NC),* while continuing to safeguard client assets and enable clients to trace and reclaim their assets. A public hearing was conducted during January–February 2026, and most respondents agreed with the proposed principles...
Earlier, the SEC revised the principles on the prohibited characteristics of business operators to provide greater clarity and to better reflect current risk developments. The SEC then conducted a public hearing on the proposed principles from April to May 2026, with most stakeholders expressing agreement with the proposed principles.The SEC has therefore prepared three relevant draft notifications in line with the proposed principles and is now seeking public comments. The key provisions...
The provisions proposed to be added are as follows: (1) Provision that will require the association to operate its affairs in accordance with the rules prescribed by SEC Board. If, however, there is any matter that SEC Board has not specifically specified, then the provisions under the Trade Association Act will be applied mutatis mutandis; (2) Provision that will allow the association to invest in certain types of securities, provided that, such investment is made...
Pursuant to Section 89/25 of the SEA, the auditor has the duty to report suspicious circumstances that were found from the audit in accordance with the auditing standards. SEC therefore proposes the principle and the draft regulation which would require the auditor to report to the Audit Committee of securities company** or the Audit Committee of listed company any suspicious circumstance that indicates that a director, manager or the person responsible for the operation of a juristic per...
Currently, the issuance and offering of bonds with foreign risk exposure, including the offering of Thai baht–denominated bonds in Thailand by foreign entities (Baht Bonds), foreign currency–denominated bonds in Thailand by foreign entities (FX Bonds), and securitized bonds with foreign risk*, are required to obtain an issue rating of not lower than investment grade from an international credit rating agency established under foreign law (inter CRA), in order to ensure that the quality of the bo...
The initiative forms part of the SEC’s policy efforts to strengthen the capital market as a viable source of funding and an important mechanism for supporting small and medium-sized enterprises (SMEs). In this regard, the SEC has considered introducing PP regulations governing the offering of newly issued shares and CDs by LiVEx-listed companies. The proposed regulatory framework is intended to facilitate fundraising activities by providing appropriate regulatory flexibility, while continuing to...
As the SEC has continuously integrated cooperation with public- and private-sector partner agencies to prevent and suppress cybercrime, the Subcommittee on Financial Data Connectivity for Enhancing the Monitoring of Suspicious Financial Transactions has resolved that the SEC, together with the Anti-Money Laundering Office (AMLO), will issue interim guidance for digital asset business operators while AMLO prepares to issue regulations under the Anti-Money Laundering Act.The SEC has therefore coor...