global financial market have begun to affect the Thai financial market. The Bank of Thailand (BOT) has alleviated the situation through government bond purchase program amounting more than 100 billion
SEC requests that business operators implement the BCP that must cover key work systems, including the trading system, the risk control system in compliance with the Net Capital Rules and the investment management system. This includes providing a communication channel that facilitates notifying and clarifying information to clients in case of major changes to service provision.“After continuous monitoring and coordinating with the business operators, we have found that they have implemen...
operators to deal with Covid-19 situation. All of them confirm the readiness to provide services related to securities trading continuously and have business continuity plans in case of emergency. In
SEC Secretary-General Ruenvadee Suwanmongkol announced that SEC has issued a measure allowing asset management companies to borrow money or enter into a repurchase transaction agreement to better manage liquidity of fixed income funds and mixed funds that invest at least 60 percent of the net asset value in debt securities. The limit for such transactions is increased from 10 percent to 30 percent of the NAV at daily closing. This liquidity boosting option is valid until 30 April 2020, as...
On 12 March 2020, the CMSB Meeting No. 4/2563, presided by SEC Secretary-General Ruenvadee Suwanmongkol, considered possible guidelines for the AGM holding of property funds, infrastructure funds
has allowed the affected listed companies and securities issuers to appoint an auditor on the SEC approved list to audit their financial statements for the first quarter of the year. This will
emergency declared in all areas of the Kingdom of Thailand dated 25 March 2020, and according to Section 9 of the Emergency Decree on Public Administration in Emergency Situation, B.E. 2548 (No.1) and Bangkok
publication of the financial statements on newspaper and at open space of the premises of the business operators must be postponed as well.To mitigate the impacts of the situation, SEC has extended the
Emergency Decree on Public Administration in Emergency Situation, B.E. 2548; the Bangkok Metropolitan Administrative has announced Temporary Closure of the Premises (No. 4) dated 27 March 2020, and requested