investment was made. Therefore, the general public could not utilize the capital market to create financial freedom.”“The Five Steps toward Investment Confidence project was initiated from the intent of SEC in
of building confidence in the capital market. Implementing lawsuits quickly and actually against law violators will have the effect of suppressing and deterring wrongdoing in the future. Therefore, the
operational strategies, aiming to reduce obstacles and enhance business operations to strengthen confidence in the Thai capital market. The meeting was held at the SEC Building on 21 December 2023.Mrs
and comprise a large number of affiliates, due to legal or commercial purposes, in order to add flexibility without causing an unreasonable burden on these companies. The main points of the new rules
. For example, data storage system, management system and custody of client assets. This is to promote flexibility in business operation while ensuring that supervisory guidelines are appropriate and
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...
The event is with the objective to continuously drive forward the Thai capital market because SEC recognizes the significance of the encouragement and development of knowledge regarding finance and investment, in order to become quality investors and fundraisers. Investors will experience how to be quality investors, who are able to uphold the responsibility regarding their own finance and investment, and also build up immunity for themselves against fraudulent solicitations via a variety...
In December 2021, the SEC conducted an earlier public hearing on the proposed amendments to the aforesaid Rules, the objective of which is to accommodate the use of technology to operate business in the changing landscape and address cyber threats. Comments and suggestions from stakeholders were taken into consideration in drafting the amendments more appropriately. Essentially, the key amendments to the IT Standard Rules this time are summarized as follows: (1) Establishing IT-related risk ass...
-General, Mrs. Pornanong Budsaratragoon, on the topic, “Directions for Regulating and Developing the Thai Capital Market to Build Trust and Confidence and Promote National Sustainability.”Mr. Srettha
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...