According to Bangkok Bank’s complaint report and SEC’s further investigation, it was found that during the months of March and October 2017, Nattapong, then a securities investment consultant at the bank, committed wrongful acts against investors’ assets by accepting the investors’ subscription money for mutual fund investments during off-business hours but not executing the subscription transactions as originally intended by the investors in the following business day. Instead, he spent the sub...
According to Bangkok Bank’s complaint report and SEC’s further investigation, it was found that during 22 September 2017 – 24 February 2018, {A}, then a securities investment consultant at the bank, committed wrongful acts against the investor’s assets by using the investor’s subscription money for mutual fund investments for her own interest without executing the subscription transactions as originally intended by the investor. In so doing, she made and sent false documents to the invest...
Following an AIA report on clients’ complaints and SEC’s further investigation, it was found that Chalermwut had misappropriated the money received from two clients to pay for their annual premium of unit-linked insurance policies. He did not deliver the money to the company and spent the money for his own interest instead. As a result, the clients’ insurance policies and the protection coverage lapsed. Chalermwut’s wrongful acts against investors’ assets were liable to failure to perform...
credibility of capital market business personnel, and failed to perform duties responsibly with professional due care, which were deemed prohibited characteristics of personnel in capital market business*. Such
The Initiative launch and the Declaration of Intent ceremony took place today at the Royal Thai Army Club, Vibhavadi-Rangsit Road. The opening ceremony was presided over by General Paiboon
the Association of Investment Management Companies (AIMC), announced the launch of “Thailand ESG Fund: Thai ESG” on 8 December 2023. On this occasion, 16 asset management companies rolled out 22
The SEC emphasizes the significance of the roles played by the “bondholders’ representative,” who serves as a crucial mechanism for safeguarding and advocating for bondholders. The bondholders’ representative is required to comply with the Securities and Exchange Act B.E. 2535 (1992) and associated laws and regulations. Additionally, they are obligated to fulfill duties outlined in the bondholders’ representative appointment agreement, which prescribes the terms and conditions governing the obli...
Advantage Austria Bangkok, participated in the “UN Women 2024 Thailand WEPs Awards Launch Event” on 8 May 2024 via online conference. The event aimed to announce the launch of the UN Women 2024 Thailand WEPs
The Securities and Exchange Commission (SEC), represented by Ms. Archinee Pattamasukhon, Assistant Secretary-General and Head of the Complaint Center, attended the launch meeting of the “Is This
realized the importance of business preparation in this matter. For this reason, SEC is set to launch an online training under the topic of “Incident Response from the Pentester’s Eyes View” and