operational systems for this purpose, the revised regulations will come into force as from 16 February 2024. ______________________________Remarks: * Means (1) a securities firm licensed to undertake the
general shareholders’ meeting on 23 February 2024 and exercise their voting rights on a proposed capital increase to be offered to the existing shareholders in proportion to their shareholding (rights
“Asset management companies can now submit an application for approval of SSF establishment from 3 February 2020 onwards. SEC will speed up the approval process. In this regard, investors should invest in SSF regularly throughout the year to create a savings discipline for financial well-being,” said SEC Secretary-General Ruenvadee Suwanmongkol.Several asset management companies have already consulted with SEC about setting up SSF, which is expected for launch to the public in mid February this...
Facebook Page Dreams Come True Boutique : Unlicensed securities and derivatives business (Disclosure Date : 24/08/2022)
Facebook Page Dreams Come True Boutique : Unlicensed securities and derivatives business (Disclosure Date : 24/08/2022)
offices or branches of business operators in accordance with the Regulatory Guillotine to increase flexibility and streamline processes and operating burdens on the business sector. Essentially, the
in class action litigation. It also intends to increase investors’ awareness of their legal rights to claim for remedies from those who broke the laws and caused them harm.” Acting Sub Lt. Dr
Bangkok, October 2, 2015 The SEC has rolled out an initiative to enhance sustainability of the financial reporting ecosystem, which is paramount to the integrity and soundness of the Thai capital
Bangkok, February 9, 2016 ? The SEC is seeking public comments on draft amendments to several regulations governing provident fund (PVD) management to promote PVD as an effective savings chanel for employees. The revision aims at encouraging employees to save more, save longer, and save smart, to enjoy better quality of life after retirement.The proposed amendments would require that asset management companies comply with the following key regulations: 1) To provide several investment plans f...
Under the existing regulations, each business operator allows to prepare the customer complaints’ handling report in its own style and classify the type of complaints as it deems appropriate. Such variations have caused SEC extra time on processing the data for regulatory use. In addition, the current regulation which requires the operator to submit the report in paper form to SEC has incurred an undue burden to the business. SEC, therefore, proposes to amend the regulations by requiring...