asset business, and the requirement that any business operator that cannot maintain its net capital to meet the criteria must cease its business operation immediately in order to prevent any damage to

regard, SEC has reviewed regulations on the operation of investment management business as prescribed in two notifications by applying the guidelines of the Regulatory Guillotine scheme to ensure

standards of conduct, especially the executives who oversee compliance of business operators in accordance with the law, standards and ethics of business operation, to build investors’ confidence

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