an opinion on audit reports; 2.2 being affiliated with an audit firm that has an audit quality control system and the required number of personnel; 2.3 meeting other requirements, e.x., not having
and financial statements audited by an auditor who is employed by an audit firm that has been inspected by the SEC*; 2. Submit half-year and annual financial statements that have been
monitored with professional investment advices. If investors encounter any solicitation to transfer money into an account of securities firm, whether or not it is the firm that investors have already opened
, the asset management firm must disclose the information to investors for investment decisions; as well as rectify such non-compliance within two months. Failure to do so may cause the asset management
addition, technologies and supporting measures will be given more weight to encourage value creation and competitiveness, and the rulemaking will give more emphasis to the practicality and cost-effectiveness
different types of securities offering, to improve clarity and practicality. The notification of the amended regulations has been published in the Government Gazette and will take effect as from 1 July 2023
practicality, securities underwriter is permitted to develop its own suitability test and may attach the test with securities subscription form to client in advance. Existing client who has done the suitability
securities holders and enhance practicality for business sectors which may have difficulties complying with the regulations,? said SEC Secretary-General Thirachai Phuvanatnaranubala. # # #
therefore proposed this revision by considering the aspects of appropriateness and practicality to promote better business standard and flexibility,? said Vorapol.