.Earlier, the SEC ordered KC to have a special audit on the internal control system concerning the issuance of bills of exchanges, the related receipt and payment transactions, the accounting records
Bangkok, March 11, 2014 - The SEC barred {A} from performing any management position in securities company and suspended his securities investment analyst approval status. In addition, the SEC suspended three other securities investment consultants, namely (1) {B}, (2) {C}, and (3) {D}. The sanctions took effect from March 11, 2014. The SEC found in the course of its routine inspection of Country Group Securities Plc. that {A}, a securities investment analyst and Songkla branch manager and three...
Bangkok, 8 January 2019 ? The SEC announced that the Ministry of Finance, under the recommendation of the SEC Board, has granted digital asset business licences to four applicants and rejected two applications. Meanwhile, another application is still under consideration. Digital asset businesses are regulated under the Emergency Degree on Digital Asset Businesses B.E. 2561 (2018).The Ministry of Finance notified the results of the consideration of the seven applicants* yesterday, with details as...
case also involves seeking unlawful gains and consenting to the omission of the B/E transaction records, which caused inaccurate preparation of KC accounting records. The aforesaid four executives are
Bangkok, 22 January 2018 ? The SEC has granted Pace Development Corporation Plc. (PACE) a second postponement for the submission of the clarification regarding the assumptions used in the fair value measurement of its investment in Pace Project One Co., Ltd. (Pace One) and Pace Project Three Co., Ltd. (Pace Three), from 15 January 2018 to 31 January 2018. Initially, the SEC instructed PACE to clarify the reasonableness of the assumptions used in the fair value measurement, and to publicly discl...
SEC Secretary-General Ruenvadee Suwanmongkol said that the ongoing spread of COVID-19 is affecting some securities companies and derivatives business operators to the point that it is necessary to postpone their general shareholders’ meeting. As a result, the approval and submission of the annual financial statements to SEC cannot be done within the deadline specified by law, and consequently the publication of the financial statements on newspaper and at open space of the premises of the...
Building Confidence in the Capital Market No. 10/2017 SEC grants a second extension to KC special audit report submission Bangkok, 13 March 2017 – The SEC has extended the deadline for submitting the