the client’s instruction to cut loss when the client’s derivatives trading account hit a one-million baht loss. As a result of his negligence, the client’s account was closed and the client suffered
electronic format. In addition, the CMSB has resolved to relax the following requirements for business operations in 2020 to mitigate the impact of COVID-19, namely,(1) The asset due diligence, (2) the
for every case even though it will be offered via private placement. For example, the normal regulations will be obstacles in the process of pre-ICO and private sale.Therefore, SEC intends to relax
Bangkok, 31 August 2017 ? The SEC is seeking public comments on the draft rules concerning determination of paid-up registered capital of securities and derivatives intermediaries to better suit their respective types of risks and facilitate development of different types of securities businesses. Pursuant to the current rules, the paid-up registered capital of securities companies and derivatives business operators is determined by the types of license packages, each permitting a scope of vario...
At present, money market funds are used by investors as a tool to manage liquidity and a place to park money for a short time, besides keeping it in banking accounts. As of February 2018, the size of money market funds was 240 billion baht, or 3% of savings deposit. In the future the Deposit Protection Agency would reduce the maximum insured amount of bank deposit to only 1 million baht. Hence, money market funds are likely to grow in size and emerge as an alternative for people looking for the...
SEC is holding a public hearing on the proposed amendments to the regulations governing REIT indirect investment. According to the current regulations relating to issuance and offer for sale regarding units of REIT, if indirect investment in real estate is made through shareholding of other companies, REIT must hold not less than 99% of the total sold shares and of the total voting shares in that company. This is to ensure that REIT receives full benefits from invested assets and that REI...
prepare and submit the accurate financial statement for the year 2016 specified by the Capital Market Supervisory Board resulted from the instruction or the failure to give instruction which is a duty
prepare and submit the accurate annual registration statement for the year 2016 (Form 56-1) specified by the Capital Market Supervisory Board resulted from the instruction or the failure to give instruction
prepare and submit the accurate annual report for the year 2016 (Form 56-2) specified by the Capital Market Supervisory Board resulted from the instruction or the failure to give instruction which is a duty