Earlier, Mr. Suphanan acting on behalf of IFEC sent a letter requesting the DBD to reveiw its order denying the registration of Mr. Wiphu Maharakkhaka and Mr. Manusak Deawwanich on IFEC directors’ list and then may exercise the right to appeal such DBD’s decision.According to Section 42 of the Administrative Procedure Act B.E. 2539 (1996), an administrative order shall be effective since the person concerned is notified and shall remain in effect until it is revoked or invalid for other re...
The Securities and Exchange Commission (SEC), in collaboration with the Ministry of Digital Economy and Society, the Anti-Money Laundering Office, and key capital market alliances, has launched an "Anti-scam Hotline” scheme to provide direct channels for reporting investment scams at tel. 1207 ext. 22, or via SEC website at www.sec.or.th/scamalert, or email at scamalert@sec.or.th. The SEC has expedited the process of verifying suspicious scam reports and promptly notify relevant authorities to...
specifically target young people to help them prepare for their own future and cope with the aging society.The research piece by Kittikun Tanaratpattanakit, Senior Research Analyst at Morningstar Research
act caused by an external factor, {A}’s submission of false documents to the bank in order to help the client was deemed a failure to perform duties or provide services with loyalty pursuant to the
Bangkok, January 6, 2015 - The Securities and Exchange Commission, Thailand (SEC) and the National Institute of Development Administration (NIDA) signed a memorandum of understanding (MOU) to form ?Academic Alliance? project to develop knowledge management for public and private sectors as well as economic, social and capital market development. The project aims at creating quality graduates through a variety of academic projects. Vorapol Socatiyanurak, SEC Secretary-General said, "This MOU sign...
In a case that at the minimum 80% of targeted fundraising amount in crowdfunding project are subscribed, this is regarded as successful debenture crowdfunding. This regulatory revision aims to assist small- to medium-sized enterprises (SMEs) to gain greater access into funding sources, and to be in line with overseas crowdfunding regulations. It came into force from 16 March 2020.SEC Assistant Secretary-General Jomkwan Kongsakul said “SEC is ready to support the government policy in pro...
SEC Secretary-General Ruenvadee Suwanmongkol said: “The SEC has the duty to supervise and develop the Thai capital market. One of our key responsibilities is to help increase businesses’ access to
Following the concerns from the last public hearing in 2017 on the revision of the principles and regulations relating to the provident fund to resolve the issue that members did not have adequate information to understand before selecting their investment policy, SEC had then discussed with relevant departments to revise the details of such regulations, in order for the provident fund members to select their appropriate choice of investment policy, which would result in a sufficient grow...
Bangkok, March 23, 2012 ? The SEC has directed Professional Waste Technology Plc. ("PRO") to rectify its financial statement for 2011. Within April 23, 2012, the company is required to submit to the