six months to improve and develop necessary work systems in compliance with the governing regulations. ________________________
bond does not specify a redemption period and thus may require that investors hold such bond longer than general debt securities. Additionally, SEC aims to enhance the efficiency of the sale process
executives’ compensation policy, method of determining the compensation packages, and structures of each compensation type;- To improve disclosure of the use of proceeds in filing documents to be more
penalties that can be imposed on any associations or its directors that do not comply with the rules prescribed under (1) or (2) above. Details of the proposed amendment are available at https
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
shall comply with the additional regulations above within one month as from the effective date of the regulations. The consultation paper is available at https://www.sec.or.th/TH/Pages/PB_Detail.aspx
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
exchange act and class action litigation on securities fraud to lawyers will strengthen legal remedies available for defrauded investors in capital market. Therefore, SEC joins hand with Lawyers Council
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
SEC Secretary-General Ruenvadee Suwanmongkol said: “Giving sufficient useful information on debt securities to investors and the general public is one of our continuing priorities. On 27 December 2020, we launched SEC Bond Check Version 1 to provide investors with more convenient access to important information before making investment decisions. This is part of SEC’s efforts to serve investors in the bond market.” SEC Bond Check Version 2 allows investors and the interested public to se...