the bond representative the right to file legal proceedings against the bond issuer without convening a bondholders’ meeting in the event of default and on the condition that the bond representative has

available on the SEC website at: https://www.sec.or.th/TH/Pages/PB_Detail.aspx?SECID=1014  and the central legal hub at: www.law.go.th. Stakeholders and the interested public are welcome to submit comments

. Saard Theerarojanawong. Members include representatives from public and private organizations, e.g., the Legal Execution Department, the Federation of Thai Capital Market Organizations, the Association of

securities, and enhance investors’ confidence.  According to the proposed regulations, the terms, “executive” and “business in the group” would be defined in accordance with the legal presumption under the

), may be subject to legal proceedings and penalties of fine and imprisonment. In case of liable offenses under other laws, SEC will cooperate with relevant agencies for further proceedings

The meeting discussed significant and challenging issues such as harmful, but legal conduct. In this regard, the SEC Secretary-General shared her view on the importance of information disclosure

, the Department of Legal Execution, the World Bank Thailand Office, the Bank of Thailand, the National Credit Bureau, the Office of Insurance Commission, the Office of Small and Medium Enterprises

current situations by expanding the scope of protection and effectiveness as well as closing legal loopholes that could bring people damages or improper services. The regulations are proposed to be

legal requirement on minimum face value of debentures may be too high and hinder retail investors to access debt markets, or the prohibition of set-off can cause unnecessary procedures and fees to issuer

and subject to the penalties under Section 296 of the SEA. Therefore, SEC has filed a criminal complaint against the said persons requesting ECSD to consider legal action.   Concurrently, SEC has