Ms. Jomkwan Kongsakul, Deputy Secretary-General of the Securities and Exchange Commission (SEC), presented a lecture on the topic, "Roles and Responsibilities of Directors under Capital Market
and services. The SEC is therefore proposing to amend the regulations on the appointment of directors and executives of intermediaries. On 19 April 2022, the Capital Market Supervisory Board Meeting No
Indonesia. The legal action in the case of EARTH has already been notified to the Anti-money Laundering Organization (AMLO). The criminal complaint has been filed against EARTH and its three directors
Economic Crime Suppression Division (ECSD) on the ground of performing duties dishonestly when he failed to disclose IFEC default on its bills of exchange. In addition, the SEC has instructed IFEC directors
of 2017. The increased debt resulted in a decrease of shareholders’ equity of THB 10,349 million, to become minus THB 15,651 million. In addition, in July 2017 the Board of Directors had resolved
Mr. Paiboon Dumrongwaree, Assistant Secretary-General of the Securities and Exchange Commission (SEC) participated in the panel discussion titled “Three Lines & One Control: The Role of Directors
of the Law which prohibits any directors, managers, or responsible officers of digital asset business operator to obtain any unlawful benefits for themselves or others at the expense of the business
Directors had resolved to approve that EARTH underwent a business rehabilitation process. The SEC, then, had a question regarding the existence and status of the increase debt of THB 26,000 million
fund management to create tangible positive impacts. The SEC believes that a strong “Tone from the Top” from the Board of Directors and senior management of AMCs will be key to advancing this agenda