The MoU was signed by Mr. Ian Johnston, Chief Executive of DFSA, and Ms. Ruenvadee Suwanmongkol, Secretary-General of SEC Thailand, on 18 October 2022.The agreement provides a framework for ease of cooperation between the two authorities on matters pertaining to regulations and policies in financial services in both markets as well as emerging trends.Mr. Ian Johnston, Chief Executive of the DFSA, said: “As the financial services sector evolves at an unprecedented pace, it is key for regulato...
The Memorandum of Understanding provides a framework for cooperation between the two authorities with respect to promoting innovation in financial services. The CSSF and the SEC Thailand intend to exchange information about emerging trends and developments in the financial or capital markets and regulatory issues pertaining to new technologies and innovation in the provision of financial services.On entering the agreement, Ms. Ruenvadee SUWANMONGKOL, Secretary-General of SEC Thailand, sta...
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 ensure compliance with respective laws and developing capital markets of the two countries. The MoU, signed by SEC Secretary-General Vorapol Socatiyanurak and SECC Director General Ming Bankosal, aims at facilitating the exchange of information for the purpose of law enforcement, elevating capability...
SEC is welcoming public comments on a drafted notifications of the approval for offering of newly issued shares and information disclosure, applying to issuers and listed companies, in accordance with the International Organization of Securities Commissions (IOSCO) standards and FSAP. Reexamining these regulations would help to further credibility of the Thai capital market and to build up confidence for both domestic and foreign investors. For the principle of the revision, the SEC had al...
that related parties are able to perform their respective duties to the fullest capacity. This is to support a well-balanced financial reporting ecosystem and enhance the quality of financial reports of
At present, securities and derivatives business operators (Thai business operators)* are allowed to provide services for Thai investors’ investment in foreign capital market products through business operators in foreign jurisdictions/countries with their personnel giving investment advice. Under the governing rules and procedures, foreign business operators, having the prescribed characteristics and giving advice or information on foreign currency denominated capital market products through Tha...
oversight of persons with the power of management and major shareholders, the imposition of penalties, and statues of limitations for legal proceedings. These proposed amendments are intended to enhance
branch managers, and (4) enhance efficiency of investor protection by requiring business operators to ensure office branches appropriately accessible to investors, and inform clients sufficiently in