Ms. Ruenvadee Suwanmongkol, SEC Secretary General (right) and H.E. Brian Davidson, the British Ambassador to Thailand (left) sign a Memorandum of Understanding (MoU) to promote inclusive economic
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
The public hearing under the regulatory guillotine scheme welcomes comments from the public and stakeholders regarding review and revision to the debt securities regulations. The proposed amendments would not only improve the efficiency of debt offering supervision but also lighten the loads of debt issuers and maintain appropriate protection for investors. For such proposes, the SEC Office is proposing to review the regulations governing debt securities of all types and related notifications. I...
The provisions proposed to be added are as follows: (1) Provision that will require the association to operate its affairs in accordance with the rules prescribed by SEC Board. If, however, there is any matter that SEC Board has not specifically specified, then the provisions under the Trade Association Act will be applied mutatis mutandis; (2) Provision that will allow the association to invest in certain types of securities, provided that, such investment is made...
enhance flexibility and accommodate future changes suitable for the Thai capital market landscape. Over the past years, foreign studies have shown that many foreign capital markets have revised their
Patronage, thus, plan to train pro bono lawyers with a skill in class action litigation in order to enhance the efficiency of justice. Since class action is the way many defrauded investors can settle
At the seminar, Prof. Pornchai Chunhachinda, PhD., SEC Board member, gave a keynote address on the topic, “The Importance of ESG Disclosure and the Roles of Auditors towards Sustainability of the Thai Capital Market and Economic Growth.” In addition, the research team from Thammasat University led by Prof. Witawat Rungruangphon and Mr. Weerapong Kitiwong, PhD., presented the results of the Value of Audit Research Project, revealing the main reason why stakeholders or related parties have failed...
On 9 January 2023, the UK Government and the Securities and Exchange Commission of Thailand (SEC Thailand) signed a new Memorandum of Understanding (MoU) on Financial Services to further strengthen their partnership in the financial sector. The MoU aims to promote inclusive economic growth and support Thailand on the transition towards low carbon and sustainable economy. It builds on the previous MoU under which the two parties have been collaborating for the past few years.For more details : ht...
Under the previous MoU, the UK and the SEC Thailand worked together with the UK providing technical assistance in areas including accounting standards, the development of financial technology (FinTech) ecosystem, sustainable finance such as green bonds and climate risk disclosure for listed companies, e-Know Your Customer (e-KYC) and cybersecurity. The new MOU will focus on supporting Thailand to further develop the regulatory environment for the FinTech sector, promote sustainable finance, and...