consider complete to reduce the redundancy of reporting;(3) Exemptions from reporting in case of securities or derivatives that serve as collateral are sold or force-sold in the market by another party

that related parties are able to perform their respective duties to the fullest capacity. This is to support a well-balanced financial reporting ecosystem and enhance the quality of financial reports of

operational systems for this purpose, the revised regulations will come into force as from 16 February 2024. ______________________________Remarks:  * Means (1) a securities firm licensed to undertake the

“Asset management companies can now submit an application for approval of SSF establishment from 3 February 2020 onwards. SEC will speed up the approval process. In this regard, investors should invest in SSF regularly throughout the year to create a savings discipline for financial well-being,” said SEC Secretary-General Ruenvadee Suwanmongkol.Several asset management companies have already consulted with SEC about setting up SSF, which is expected for launch to the public in mid February this...

to biodiversity that can serve as a foundation for assessing the operational risk to nature. Among them, the TNFD framework stand out as a suitable starting point.The Task Force on Nature-Related

officials and force of the nation on the auspicious occasion of His Majesty the King’s Birthday on 28 July 2023, together with the President of the Parliament, President of the Supreme Court, President of

The TCFD has been established by the Financial Stability Board under the initiative of private sectors around the world and public and private sectors in the global market are welcomed to become TCFD supporters. The TCFD recommendations support more effective climate-related disclosures that enable investors and stakeholders to analyze and compare climate-related risk management of businesses within the sectors. The TCFD recommendations can become a market mechanism for promoting investment in l...

Under the existing regulations, each business operator allows to prepare the customer complaints’ handling report in its own style and classify the type of complaints as it deems appropriate. Such variations have caused SEC extra time on processing the data for regulatory use. In addition, the current regulation which requires the operator to submit the report in paper form to SEC has incurred an undue burden to the business.  SEC, therefore, proposes to amend the regulations by requiring...

Bangkok, October 2, 2015 The SEC has rolled out an initiative to enhance sustainability of the financial reporting ecosystem, which is paramount to the integrity and soundness of the Thai capital

Bangkok, February 9, 2016 ? The SEC is seeking public comments on draft amendments to several regulations governing provident fund (PVD) management to promote PVD as an effective savings chanel for employees.  The revision aims at encouraging employees to save more, save longer, and save smart, to enjoy better quality of life after retirement.The proposed amendments would require that asset management companies comply with the following key regulations:   1) To provide several investment plans f...