Bangkok June 20, 2011 - The SEC prohibits {A} and {B}, former investor contacts from serving as personnel in the capital market from June 18, 2011 onwards, for their failure to comply with standards

Earlier, the SEC filed a criminal complaint against the 10 entities with the Department of Special Investigation (DSI) on account of fabricating financial statements, disclosing false information in the Registration Statement for debt securities offering and committing a fraud to gain assets of the exploited public, liable to be offenses under the Securities and Exchange Act B.E. 2535 (1992) (SEA). The 10 offenders are: (1) STARK, (2) Mr. Chanin Yensudchai, (3) Mr. Vonnarat Tangkaravakoon, (4) {...

of the Law which prohibits any directors, managers, or responsible officers of digital asset business operator to obtain any unlawful benefits for themselves or others at the expense of the business

. Thus, there is no ground to extend the period of PDITL asset attachment.Remark: * SEC News No. 117/2023: “SEC orders attachment of assets of 10 offenders in STARK case and temporarily prohibits their

headlined: “SEC orders asset attachment and temporarily prohibits 10 offenders in STARK case from traveling out of the country,” released on 6 July 2023: https://www.sec.or.th/EN/Pages/News_Detail.aspx?SECID

of information; (3) providing appropriate channels, procedures and period of time for clearly demonstrating objection. 1 Whereas this Section prohibits a trustee from entering into a transaction

:  1. SEC News Release No. 117/2023 headlined: “SEC orders asset attachment and temporarily prohibits 10 offenders in STARK case from traveling out of the country,” published on 6 July 2023:  https

from 11 June 2021 onwards without retrospective effect. Essentially, the Notification prescribes that digital asset exchanges set their listing rules and prohibits the exchanges from providing services

derivatives businesses. The SEC thus prohibits him from performing executive duties for securities and derivatives business operators for ten years during the revocation of his investor contact status.

perform duties as a director of Bangkok Life Assurance PCL for a period of three years, starting from March 17, 2016, and prohibits him from performing duties of capital market personnel for any securities