Bangkok, 3 April 2018 ? The SEC applauds four provident funds for their declaration of intent to adopt the Investment Governance Code (I Code) for institutional investors in accordance with international practice.In 2025, Thailand will fully become an aged society with 20 percent of its population being the elderly. The SEC has laid out a policy to support both public and private employees in playing a key role of driving provident funds as a savings tool for post-retirement.Provident funds ther...
Bangkok, and the Declaration of Intention to Cooperate and Promote the United Nations Guiding Principles on Business and Human Rights in Thailand – a major national cooperation for adoption of the UNGPs in
Today, development of technology is rapid and continuous. It disrupts development of services in the capital market. However, SEC views that many provisions in the Securities and Exchange Act B.E. 2535 (1992) and the Derivatives Act B.E. 2546 (2003) do not keep pace with these rapidly changing environments which may unintentionally limit the area that business operators can make use of technology, such as provision that requires business operators to disclosure its financial statements to...
the first-time adoption of Thai Financial Reporting Standard 17: Insurance Contracts (TFRS 17) on 1 January 2025. Consequently, the auditor was unable to review the source of input data, the
Thai SEC’s approach to enhancing fundraising through digital tokens and adoption of innovation in digital asset businesses. Additionally, she exchanged views and experiences in promoting the
Technology” at “Securities Commission Malaysia – WFE Dialogue,” organized by Securities Commission Malaysia. During the discussion, the Deputy Secretary-General shared insights on the adoption of emerging
, the adoption of the International Sustainability Standards Board (ISSB) disclosure standards in the capital markets, as well as promoting investor knowledge and access to financial technology. The
offering to facilitate merchants and businesses in accepting digital assets as payment for goods and services such as by setting up digital asset settlement systems. This may result in a wider adoption of
Baht 96.16 million from first-time adoption of TFRS 16 Leases. For trade accounts receivable, the Company set up additional allowance for doubtful accounts of Baht 9.25 million from first-time adoption
right-of-use assets as a result of the adoption of the new financial reporting standard in year 2020 and increase investment in technology and information system. 2. Total liabilities increased 31,457,336