On 11 December 2019, the SEC Board passed a resolution approving ThaiBMA as a licensed securities depository under the regulatory sandbox project whereby blockchain technology is implemented to enhance the speed and efficiency of the trading process of corporate bond. Currently two companies have issued and offered corporate bonds for sale using the blockchain system of ThaiBMA, namely (1) Toyota Leasing (Thailand) Co., Ltd. offering corporate bonds exclusively to institutional investors...
developing and enhancing oversight of listed companies and strategies for preventing and suppressing inappropriate behaviors within listed companies to ensure that they would be able to raise fund from
The SEC Secretary-General together with the Management Team convened a joint meeting yesterday with the Investment Banking Club led by President Mr. Somphop Keerasuntonpong to discuss cooperation in the development and enhancement of fundraising regulations, emphasizing the mutual assistance in screening companies offering securities for sale to the public and applying for listing on the stock exchange. The two parties also discussed the enhancement of fundraising supervision and the roles of fi...
SEC Secretary-General said “With respect to the policy of SEC to enhance the protection for investors in the capital market, auditors and audit firms is deemed to play an important part in the process to achieve that goal. SEC has proposed to hire a researcher to conduct a study on the legislations relating to audit firms and auditors supervision in foreign country which will be taken into account in amendment of the Securities and Exchange Act B.E. 2535 (Securities and Exchange Act) to al...
SEC is proposing amendment to the guidelines for supervising auditors and audit firms in the Thai capital market to enhance the audit quality oversight of audit firms and promote the development of audit quality of auditors. In preparing for the amendment proposal, SEC has assigned Thailand Development Research Institute (TDRI) to study and analyze laws and mechanisms related to supervision on auditors and audit firms in the Thai capital market in comparison to foreign counterparts and to...
In November 2019, SEC engaged the Thailand Development Research Institute (TDRI) to conduct a study on laws pertaining to the supervision of audit firms and auditors in foreign capital markets for supporting amendment of the Securities and Exchange Act B.E. 2535 (Securities and Exchange Act) to allow more effective and efficient supervision of audit firms and auditors in Thai capital market.SEC Secretary-General Ruenvadee Suwanmongkol said: “This is the first time SEC contracts an independ...
The Securities and Exchange Commission (SEC), in collaboration with the Investment Banking Club and the Stock Exchange of Thailand (SET), organized a seminar titled “Enhancing IPO Standards: Key
On 21 November 2023, the Cabinet approved the principles for tax incentive measures to promote sustainable investment in Thailand for a 10-year tax period (2023-2032), leading to the support for the establishment of Thai ESG Funds. Individuals with taxable income are eligible for a tax deduction of up to 30 percent of their assessable income, with a maximum limit of 100,000 baht per tax year, for the purchase of units of any Thai ESG Funds on the condition that they hold the investment uni...
The ASEAN Capital Markets Forum (ACMF) welcomed the progress achieved by the ASEAN Green Bond Standards at its meeting today. Since its launch in November 2017, the ASEAN Green Bond Standards have
enhancing flexibility and resilience in business operation as well as to discuss guidelines for supporting business operation. The meeting’s topics included (1) a study of securities business landscape to