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
by the SEC Board and its deposit/withdrawal service for all types of cryptocurrency in its Trade Wallet. The suspension of such services may cause damage to the public. Pursuant to Paragraph 1 of
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...
AGM of unitholders of funds and REITs CMSB has granted a deadline extension to 30 June 2020 or four months from the end of the financial year, whichever comes later. If the situation persists, SEC
The Capital Market Supervisory Board (CMSB)’s meeting, chaired by SEC Secretary-General Ruenvadee Suwanmongkol, passed a resolution yesterday to facilitate listed companies and securities issuers who have to postpone their annual general shareholders’ meeting – and are subsequently unable to appoint an auditor – due to the spread of the novel Coronavirus (Covid-19). In this regard, CMSB has allowed the affected listed companies and securities issuers to appoint an auditor on the SEC ap...
activities and spending. The situation has led to an adverse economic effect on individual and business across various sectors, so Thai government has issued measurements such as cash subsidy payment and
, the Company has been careful and selective during the current economic situation and can maintain 1.3% NPL ratio. As at the end of 3Q2020, the total number of “Boonterm Kiosk” was 130,065 kiosks. The
withdrawal slip, failed to make proper verification before she jointly co-signed company payment checks or withdrawal slips in advance with another authorized director, causing the company to suffer losses