The SEC Board has passed a resolution approving in principle the proposal to amend the Ministerial Regulations on Licensing of Digital Asset Businesses B.E. 2561 (2018) and relevant regulations to promote fundraising and investment in investment tokens and to support interested securities business operators in providing services related to the said products. This in turn would increase access channels to investors in both primary and secondary markets. The SEC is therefore conducting this public...
Bangkok, January 14, 2016 ? SEC Secretary-General Rapee Sucharitakul today announced the SEC Strategic Plan 2016-2018 to stakeholders from all sectors, placing a special focus on well-balanced and fundamental development of ecosystem in the Thai capital market to enhance trustworthiness as well as efficiency and competitiveness of intermediaries and the overall market. The three-year strategic plan gives more weight to practical rules and regulations developed from effective communication and un...
Bangkok, July 19, 2012 ? Joint effort of the SEC and the Stock Exchange of Thailand (SET) eventually succeed as exemption of capital gain tax from the sale of securities in the capital markets through ASEAN Linkage has been in effect. This will attract and promote investment in the capital markets and equalize tax burden between selling of securities through the Thai bourse and through ASEAN Linkage. ?The Ministry of Finance has recently issued ministerial regulation on exemption of capital gain...
The SEC’s instruction followed the latest developments within IFEC organization, namely the resolution of IFEC Extraordinary Shareholders’ Meeting No. 1/2561, appointing new directors to fill in the vacancies, the company’s registration of the replacing directors with the registrar at the Department of Business Promotion, the Ministry of Commerce, the registrar’s acceptance of the registration of the six new directors on 8 March 2019, causing the IFEC Board to fully comprise 8 directors,and the...
, Kachen or Komgrich Luechanya or Chitsanucha Piyakanin), to imprisonment for permitting or participating in the preparation of incorrect or inaccurate accounts and public fraud. Previously, on November 8
Bangkok, October 7, 2015 ? The Criminal Court sentenced Ratchasak Susewi, former executive of POWER-P Plc. (POWER) responsible for the company operation, for corporate fraud. Ratchasak permitted POWER-P to pay 45 million baht higher than actual value as deposit for shares purchase of another company. In addition, he permitted false records or no record of important information in the company?s accounts and documents, and also prepared incorrect accounts with intention to deceive others about th...
Bangkok, December 17, 2015 - The SEC has filed a criminal complaint against {A}, former managing director of Ramkhamhaeng Hospital Public Company Limited (RAM), with the Department of Special Investigation (DSI) for (1) failing to perform duties responsibly, carefully and honestly, (2) seeking unlawful gain for himself or other persons causing damage to the company, and (3) committing or permitting wrongful acts against RAM documents.The SEC found that {A}, then RAM managing director responsible...
Bangkok, August 7, 2013 ? The SEC will organize four rounds of half-day seminars on ?Revised Rules Governing Preparation of Reports under Section 56 and Annual Registration Statement (Form 56-1