, for the benefit of his own or others, also transferred the client?s deposits placed with the company to the accounts of other clients that he was allowed to use. Chalerm?s actions were deemed dishonesty

? accounts that he borrowed the money from, for other?s or his own benefits. The SEC reviewed and found that Chalerm?s actions were deemed fraudulent, deceitful, interference with clients? assets with the

Bangkok, August 10, 2011 - The SEC and the Economic Crime Division of the Royal Thai Police (ECD Police) raided and filed a criminal complaint against {X1} Co., Ltd. and related persons for undertaking derivatives business without license. In combating and suppressing against illegitimate businesses, the SEC also alerts investors in this matter and strongly advises them to check whether the soliciting companies are authorized by the SEC prior making investment decision.On August 2, 2011, the SEC...

Bangkok, 13 September 2016 - The SEC has imposed a two-year suspension of approval on {A}, Executive Chairman of {X1} Company Limited, for failing to supervise the Know Your Client/Client Due Diligence (KYC/CDD) as well as client activity oversight systems. Additionally, the SEC is in the process of submitting the? case for consideration of the Criminal Fining Committee.During a routine inspection of {X1} Company Limited, the SEC found deficiencies in the company's KYC/CDD system. Also its clien...

The Securities and Exchange Commission (SEC), in collaboration with UN Women and the Thai Listed Companies Association (TLCA), organized a workshop on "WEPs Principles to Actions." The opening

Bangkok, Sep 4, 2012 ? The SEC filed a criminal complaint with the Department of Special Investigation (DSI) against Somchai Chaisrichawla while the Settlement Committee imposed a fine on Chaninan Luangwaykin and Tanakorn Ritthibunlue in the amount of 500,000 Baht each for manipulating share price of Asia Metal PLC (AMC). With a referral from the Stock Exchange of Thailand on irregular trading of AMC shares, the SEC probed into the case and found that ?(1) From September 13 to November 16, 2006,...

Bangkok, Sep 4, 2012 ? The SEC filed a criminal complaint with the Department of Special Investigation (DSI) against Somchai Chaisrichawla while the Settlement Committee imposed a fine on Chaninan Luangwaykin and Tanakorn Ritthibunlue in the amount of 500,000 Baht each for manipulating share price of Asia Metal PLC (AMC). With a referral from the Stock Exchange of Thailand on irregular trading of AMC shares, the SEC probed into the case and found that ?(1) From September 13 to November 16, 2006,...

Bangkok, Sep 4, 2012 ? The SEC filed a criminal complaint with the Department of Special Investigation (DSI) against Somchai Chaisrichawla while the Settlement Committee imposed a fine on Chaninan Luangwaykin and Tanakorn Ritthibunlue in the amount of 500,000 Baht each for manipulating share price of Asia Metal PLC (AMC). With a referral from the Stock Exchange of Thailand on irregular trading of AMC shares, the SEC probed into the case and found that ?(1) From September 13 to November 16, 2006,...

Bangkok, Sep 4, 2012 ? The SEC filed a criminal complaint with the Department of Special Investigation (DSI) against Somchai Chaisrichawla while the Settlement Committee imposed a fine on Chaninan Luangwaykin and Tanakorn Ritthibunlue in the amount of 500,000 Baht each for manipulating share price of Asia Metal PLC (AMC). With a referral from the Stock Exchange of Thailand on irregular trading of AMC shares, the SEC probed into the case and found that ?(1) From September 13 to November 16, 2006,...

, increasingly emphasize the importance of audit quality factor in the selection of auditors. Qualitative information in the firm inspection report is thus very useful for the selection process. In addition, the