Pursuant to Section 89/25* of the SEA, the auditor who perform an audit in accordance with the auditing standards has the duty to report to the Audit Committee of the securities company** or the Audit Committee of the listed company if there is any suspicious circumstance that indicates that a director, manager or the person responsible for the operation of the juristic person may have committed an offense under Section 89/25*, for example, taking the assets of the juristic person with dis...

Bangkok, 2 April 2020 – SEC is seeking public comments on the proposed regulations concerning the definitions of “executive” and “business in the group” under the Digital Asset Businesses Law to be in line with the definitions of the terms prescribed in the Securities Law. The proposed regulations aim to better clarify the terms, prevent unfair trading practices related to digital assets and securities, and enhance investors’ confidence.  According to the proposed regulations, the terms,...

Pursuant to Section 89/25 of the SEA, the auditor has the duty to report suspicious circumstances that were found from the audit in accordance with the auditing standards. SEC therefore proposes the principle  and the draft regulation which would require the auditor to report to the Audit Committee of securities company** or the Audit Committee of listed company any suspicious circumstance that indicates that a director, manager or the person responsible for the operation of a juristic per...

tool for defining and classifying environmentally sustainable activities.The opening ceremony featured a video presentation highlighting key messages from the Thailand Taxonomy Board. In his remarks

Thailand Taxonomy as a reference tool for defining and classifying environmentally sustainable activities. The event will be livestreamed via the official Facebook pages of DCCE, BOT, SEC, and SET.Last but

technology;  (2) Defining clear roles, responsibilities, and involvement of the board of directors, including the governance body, to ensure secure, effective, and efficient IT practices and usage in the

The SPV Act grants the SEC Board the power to issue subordinate regulations regarding the criteria for defining future receivables as well as regulations regarding the criteria, conditions, and

eligible activities within the latest two calendar years. However, the Investment Analysts Association will be responsible for defining the scope, knowledge standards and training curriculum for the full

Currently, the IPO regulations specify that an IPO applicant shall not get involved in any illegal business without specifically defining the term. Thus, the term can be broadly interpreted and may