Bangkok, June 21, 2013 ? The SEC is seeking public comment on a draft revision to the rules governing preparation of financial statements, financial reports, and operating results of securities issuers. The proposed revision intends to simplify the rules and strike a balance between the investors? need for adequate information disclosure with respect to their investment decision and the regulatory burdens of the securities issuers. Furthermore, the SEC will also propose business operation gui...
offering approval, disclosure and periodic reporting requirement. The consultation paper is available on www.sec.or.th. Stakeholders and interested parties are welcome to submit comments through the website
debt securities issuance and offering and disclosure of foreign bank branches. Disclosure made in registration statement and post-offering periodic reports, such as financial statement and annual
, report on offering result and periodic reports must be filed with the SEC after closing period of offerings. In case of private placement, more relaxed regulations will apply.?Debt securities have gained
substitute for the guidelines in Items (6) - (7), for example, conduct regular inspection of mobile devices, or if an employee violates the rules, impose a penalty or remove the access right to application
governing the representation of the debt securities holders, as well as where the investors may obtain access to the contract. Indicate whether the issuer is required to make periodic disclosure such as
rigorous, formal, and periodic review, on a regular basis pursuant to an established t credit rating methodologies (including models and key assumptions) and significant changes to the credit rating
for periodic credit rating reviews as specified in the terms and conditions.The SEC requires that the bondholders’ representative analyze the benefits and shortcomings as well as the potential
review function made up of one or more senior managers responsible for conducting a rigorous, formal, and periodic review, on a regular basis pursuant to an established t credit rating methodologies