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...
Following the issuance of regulations on information technology systems in 2022*, the SEC recognizes that the current rules should be updated to enable business operators in the capital market to
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
Pursuant to the SEC’s rules, all Thailand ESG Funds are required to invest in companies operating sustainably and receiving SET ESG Ratings as eligible assets* at an average proportion of at least 80
Currently, rules on providing investor services and communication of securities company regarding offering for sale of high-risk or complex capital market products do not cover the provision of NC
arising from the use of technology; and (5) To Improve other details of the rules to better communicate the intent and enable effective risk control implementation.The public hearing documents are