Bangkok, January 19, 2012 ? The SEC is seeking public comments on a draft amendment to the property fund rule governing allocation of investment units which would ? through exemption of the small lot priority rule ? extend the subscription limit for organizations managing investment for individuals. The proposed revision would apply to the Government Pension Fund, the Social Security Fund, provident funds and mutual funds which could contribute to appropriate unit price setting and market-driven...
Bangkok, January 18, 2012 ? The Capital Market Supervisory Board has resolved to revise the rules on custody of client assets by securities companies and derivatives brokers ("the companies") to
On 25 November 2023, the SEC ordered Zipmex to rectify its financial condition to comply with the rules on fund maintenance as the company failed to do so and subsequently suspended its business
The SEC reviewed the principles for overseeing bills issued as securities to ensure compliance with the intent of the Securities and Exchange Act B.E. 2535 (1992) and consistency with the current business practices of the private sector. As a result, the regulations concerning the determination of the characteristics of bills issued as securities have been amended. According to the revised characteristics, bills deemed as securities mean: (1) bills of exchange and promissory notes payable or iss...
light of this circumstance, the Capital Market Supervisory Board has passed a resolution approving the proposed amendments to the debt securities offering and disclosure rules. The key points of the draft
The SEC made amendments to the regulations governing the reporting of the IPO shares results, aiming to enhance investor access into critical information and be useful for investors’ decision-making (disclosure-based) for timely information disclosure without imposing an undue burden on the issuer. The amended regulations are summarized in the following details. 1. In addition to the existing requirements for reporting the IPO shares results (Form 81-1-IPO), the issuer shall submit a supplement...
Following a public hearing on the proposal to amend the capital adequacy requirements for business operators to ensure that they have sufficient capital to address business risk and maintain business continuity,* the SEC has issued the following key amendments: (1) Allowing business operators to temporarily use qualified subordinated debt exceeding the shareholders' equity without counting them as total liabilities in the calculation of net capital on the condition that they rectify the...
progresses on the revision to the Thai ESG funds rules to accommodate the government’s saving and investment promotion initiatives. The event took place on 30 July 2024 at the SEC Building.Mrs. Pornanong