Bangkok, April 29, 2016 ? The SEC has ordered AI Energy Public Company Limited (AIE) and its parent company Asian Insulators Public Company Limited (AI) to cooperate with their auditors for the audit of the companies? annual financial statements 2015 after the auditors had issued a disclaimer and expressed a qualified opinion on the said financial statements because the scope of the audit was limited by the companies? executives.Both AIE and AI must submit the corrected and audited annual financ...
market investment consultant of Finansia Syrus Securities Plc.The SEC found from its routine inspection that {A} frequently failed to keep records of his advice and clients' securities trading orders. He
from SCB Securities Co., Ltd. that {A} frequently failed to record her clients' securities trading orders. She then admitted that when orders had been executed completely from many of her clients, she
=13&NewsYear=2024&Lang=EN- SEC News No. 227/2023: SEC orders Zipmex to rectify its net capital position and act in the best interest of clients, issued on 25 November 2023: https://www.sec.or.th/EN
Following the SEC's monitoring and examination of Bitazza operations, it was found that the company has significant deficiencies in critical systems related to the operation of digital asset business. In particular, the account opening and KYC system is inadequate, resulting in the company’s failure to know its clients and verify the true identity of the clients or beneficial owners. These shortcomings could potentially lead to money laundering and the financing of terrorism. Additionally, the c...
However, the submitted information still lacks main points to accompany consideration. The SEC has therefore instructed Zipmex in writing to provide complete details of the incident, which includes the information on the clients’ assets under its custody. The exchange is also required to show evidence on the investments of the clients’ digital assets that had been deposited with ZipUp via various cryptocurrency platforms, especially Celsius Network and Babel Finance. Additionally, Zipmex must re...
Bangkok, 28 March 2018 ? The SEC has announced the decision of the Criminal Fining Committee to impose fines on News Network Corporation Public Company Limited (NEWS) and its Chief Executive Officer and authorized director Mr. Arak Ratborihan on account of offering for sale of newly issued shares for a private placement without obtaining a prior approval from the SEC.According to the SEC's further investigation following the complaints from minority shareholders and the Association of Thai Share...
orders. Following a report on client's complaint filed by Country Group Securities PLC., the SEC probed into the case and found that {A} sent trading orders from the client's securities trading account
Bangkok, June 8, 2012 - The SEC publicly disclosed inappropriate behavior of three investment consultants, namely, {A}, {B}, and {C}, for not taping clients' securities and derivatives trading orders