Bangkok, February 15, 2012 ? The SEC has revoked approval for Maris Tarab and Burim Chombhubol as fund manager and prohibited them from re-entering the industry for 10 years, starting from February 14, 2012. The sanctions followed the SEC findings that the said persons mismanaged T.U. Dome Residential Complex Property Fund (T.U. Dome) severely, causing substantial damage to the fund and the unitholders. Maris and Burim, who were T.U. Dome fund managers during 2006-2009 and 2008-2009 respectivel...
The ASEAN CIS Framework is an initiative under the regional capital markets integration plan endorsed by the ASEAN Finance Ministers in 2009 to facilitate cross-border product access and fund distribution for investors and issuers respectively. The framework enables fund managers operating in a member jurisdiction to offer a CIS constituted and authorised in that jurisdiction to retail investors in other member jurisdictions under a streamlined authorisation process. The Supplemental MoU t...
The Securities and Exchange Commission (SEC), led by Mrs. Pornanong Budsaratragoon, Secretary-General, and SEC executives, held a meeting with the Federation of Thai Capital Market Organizations (FETCO), led by Dr. Kobsak Pootrakool, FETCO Chairman. The discussion focused on policies and strategies to drive the Thai capital market forward and exchange perspectives on various issues, such as promoting tax-saving funds to develop the Thai capital market, supporting the increase of provident fund (...
and equality, sustainable way of life, and strengthening enabling factors for transformation. Against this backdrop, the Map has identified fifteen investment opportunities in eight SDG-related sectors
needed for its business model. This approach could support future entry of all types of securities businesses and increase the number of intermediaries who could render more convenient services to
process is in line with the Regulatory Guillotine scheme**. In addition, the SEC invited capital market business sectors to comment and discuss on the direction and development for e-submission services
sectors to reduce greenhouse gases and promote low carbon and sustainable business operation by taking into consideration the full-cycle mitigation of adverse effects of greenhouse gases is a key measure
from all sectors. SEC Secretary-General Ruenvadee Suwanmongkol said: “In laying out the strategic plan, SEC paid close attention to the current market landscape, emerging trends and challenges, and
With the opening keynote speech given by Mr. Thawatchai Pittayasophon, SEC Deputy Secretary-General, Acting Secretary-General, the seminar is aimed to provide the public and private sectors, state
Koomchaya, Privy Council member, who also gave a keynote address on the topic, “Driving Corporate Governance of Business Sectors towards Sustainability of the Thai Economy.” On this occasion, Finance