capital rules serve as initial capital requirement for those intending to operate a securities business. Once the business operation begins, the licensees must also maintain on-going capital suitable for
businesses in case they fail to maintain capital adequacy as required.SEC has proposed a grace period of two years for existing asset management companies and trust managers in operation before the effective
specified, and such committees shall not be responsible for the day-to-day operation. A securities company not keeping its customers’ assets in its possession is allowed to establish any mechanism or
and could not act on behalf of POLAR in any operation of the company.Later, the SEC was informed that a group of POLAR shareholders jointly exercised their rights under Section 100 of the Public
linked to law relating to trade associations. In substitution for the revoked provisions, new provisions will be proposed to accommodate the formation and operation of SROs as well as organizations of
, and promoting listed companies? responsible business operation in line with the environmental, social and governance (ESG) criteria.The consultation paper is available at www.sec.or.th/hearing
Code serves as a guideline for listed companies in installing CG principles into various facets of their business operation. This includes the formulation of company?s directions, strategies and
this year.The CG Code offers the boards of directors, as the governing body of listed companies, guidelines for incorporating good corporate governance principles into business operation as deemed
cyber risks and internal control systems to prevent and manage risks that may cause widespread damage to business operation and impact on shareholders, stakeholders and the overall capital market. The