Bangkok, 8 November 2017 ? The SEC is seeking public comments on the draft amendment to the Ministerial Regulation for Securities Business Licenses to provide flexibility and support new businesses in the future. The key objective is to put in place a new licensing regime whereby a more specific type of license could be issued to be in line with the applicant's business model. This aims to replace the current regime whereby each license represents a bundle of business undertakings, which proves...
companies; therefore, shareholders are not involved in the decision making regarding such transaction.The SEC therefore is proposing to amend the rules governing the execution of material transactions and
and former directors of EARTH had jointly acted, conspired, permitted, or helped another in making false entries or failing to enter material statement in relation of the debt, for the purpose of
reporting procedure under this section. Material information: Disclose information at least on the following matters: 10.1 Overall policy: Describe the board of directors' policy to ensure that the business
maintaining the reporting procedure under this section. Material information: Disclose information at least on the following matters: 10.1 Overall policy : Describe the board of directors' policy to ensure that
several areas; for example, audit manuals and audit programs involving methods of sampling and substantive analytical procedure for the audits of revenues were tailored to be more situation appropriate
material information in other Parts while maintaining the reporting procedure under this Part. Material information: Disclose information at least in the following matters: 12.1 Overall policy : Describe the
: • Audit manuals did not contain guidelines in assessing inherent risk, control risk and risk of material misstatements. • Audit manuals did not prescribe the criteria in selecting materiality base, as well