. Additionally, the SEC is preparing to strengthen its investigative capabilities, ensuring comprehensive enforcement to bolster confidence in Thailand’s capital market.”Professor Pornanong Budsaratragoon, Ph.D
SEC has amended the procedure to make it easier for asset management companies to seek a unitholders’ resolution to revise or modify a mutual fund project and its management procedure by
Bangkok, 24 January 2024 – The Securities and Exchange Commission (SEC) reinforces collaboration with the Department of Special Investigation (DSI) regarding the legal proceedings against the falsification of accounts and financial statements, and the deceitful practices towards the public in the case of Stark Corporation Public Company Limited (STARK). The SEC is also prepared to extend full cooperation if DSI requires additional clarifications or further investigation in the case.Accord...
The Securities and Exchange Commission (SEC), led by Mr. Thawatchai Pittayasophon, Deputy Secretary-General, and Ms. Pattanaporn Tripipat, Assistant Secretary-General, had a joint meeting with the Department of Special Investigation (DSI), led by Police Major Yutthana Praedam, Deputy Director General and Acting Director General, and Police Lieutenant Colonel Jukkrit Visetketgarn, Director of the Bureau of Financial-Banking Crimes and Money Laundering, to discuss the developments of the leg...
Bangkok, April 9, 2014 ? The SEC and the Securities and Exchange Commission of Cambodia (SECC) entered into a Memorandum of Understanding (MoU) to strengthen cooperation in providing assistance to
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...
Pursuant to the MOU, SEC and TGO will cooperate in sharing knowledge, communicating and giving advice to listed companies, securities issuers or business operators under SEC supervision regarding the importance and the benefits of reporting carbon footprint for organization. Both parties will also ensure to have Carbon Footprint for Organization monitoring, reporting and verification (MRV) system in place in accordance with international standards. On 19 August 2020, SEC in cooperation with TGO,...
The Securities and Exchange Commission (SEC) organized the Compliance Relations 2024 Event with asset management companies and limited brokers, dealers and underwriters (LBDU), including banks, insurance companies and investment unit brokers. Under the theme, "Together Towards Tomorrow," the event aimed to foster stronger relationships, exchange experiences, and share knowledge on regulatory guidelines in the investment management industry. This initiative seeks to enhance collaboration, benefit...
Memorandum of Understanding (MOU) to strengthen mutual collaboration in capital market oversight. This collaboration aims to improve regulatory efficiency within each organization’s legal framework, creating