The SEC is proposing to revise the rules and related guidelines on the establishment of information technology system, which have been in force since 2016. The proposed changes aim to keep pace with
At its meeting No.11/2563 on 19 May 2020 chaired by SEC Secretary-General Ruenvadee Suwanmongkol, the CMSB approved in principle of the amendment of rules applicable to funds and trusts which
Presently, several companies are interested to raise fund through digital token offer to finance their investment in office buildings or condominiums which will later be rented for income shared to holders of digital tokens or real estate-backed initial coin offering (ICO). Meanwhile, the regulations have not yet extended to such fund raising method and a smart contract has not yet covered an enforcement of investors’ rights in some issues which are activities occurring outside blockchain...
The amended rules on approval of ICO portals give the applicants more flexibility and reduce risk on developing/investing in high-cost work systems while the approval process is underway
majority investors were retail investors, accounting for approximately 81 percent, and HNW accounting for approximately 6 percent. SEC is therefore proposing principles for amending the rules on
in the international arena and increase investment alternatives for investors of both markets. SEC is therefore proposing to amend the rules on supervision of cross-border fund offerings to
investment in mutual funds with asset allocation in fixed income which has contributed to reducing inequality in the tax rates. Moreover, asset management companies have concerned that these rules impose
Pursuant to the Notification concerning Determination of Fees for Filing of Registration Statement, Registration and Other Applications, as amended, the calculation of fees shall be based on the shareholders’ equity in the financial statements for the latest financial year submitted to the SEC. In the case where a company fails to submit the financial statements for the latest financial year but submits other financial statements to the SEC such as the quarterly financial statements that c...
As SEC has made an amendment to Section 185 of the Securities and Exchange Act, effective 17 April, the amended Section stipulates that SET-member securities companies are able to trade listed securities outside the stock exchange if abiding by the regulations, conditions and procedures set by the SEC Office. Earlier, the law prohibited such companies to trade securities outside the stock exchange with an exception for a SET permission.Therefore, SEC intends to revise the regulations on l...
supervisory rules that could impose excessive burdens on auditors. This regulatory revision would therefore attract sufficient qualified auditors into the capital market to serve the increasing number of listed