Bangkok, October 4, 2011 ? The Cabinet resolves to appoint Mr. Vorapol Socatiyanurak to serve as SEC Secretary-General, effective today. Mr. Vorapol Socatiyanurak, aged 56, graduated with a Bachelor Degree in Science from Chulalongkorn University and Master Degrees in MBA from the National Institute of Development Administration (NIDA) and Syracuse University, and a Master and Doctoral Degree in Finance from The Wharton School, University of Pennsylvania.Before his appointment, Mr. Vorapol was E...
undue burden to the business. SEC, therefore, proposes to amend the regulations by requiring the business operators to submit the report in electronic form instead of paper in order to reduce burden on
The SEC Thailand also proposed to be a host country candidate for the IOSCO Annual Conference in 2022 – the year of the SEC Thailand’s 30th Anniversary. The official proposal will be submitted to the IOSCO within 7 June 2019. The discussion between the IOSCO and the SEC took place at Hilton Hotel in Sydney, Australia during the IOSCO Annual Conference, hosted by the Australian Securities and Investments Commission during 13-17 May 2019. The SEC candidacy as a host country of the IO...
Bangkok, 11 January 2024 – Mrs. Pornanong Budsaratragoon, Secretary-General of the Securities and Exchange Commission (SEC), revealed that during the SEC Board Meeting No. 1/2567 convened today, the SEC Board passed a resolution to appoint three persons to the Board of Governors of the Stock Exchange of Thailand (SET). The newly appointed governors are: (1) Mr. Komkrit Kietduriyakul(2) Mr. Pichai Chunhavajira(3) Mr. Rawin BoonyanusasnaThe new governors will commence a three-year term on 5 Febru...
The Advisory Committee on Listed Company Monitoring to be chaired by SEC Secretary-General will play the role of monitoring progress on the consideration of legal proceedings and law enforcement in case of complaints or issues on misconduct of directors or executives of listed companies under the Securities and Exchange Act B.E. 2535 (1992) to enhance flexibility of work process and efficiency of enforcement.The Advisory Committee on Listed Company Monitoring comprises: (1) Secretary-Ge...
Bangkok, 8 January 2021 – SEC Secretary-General Ruenvadee Suwanmongkol has announced that the SEC Board Meeting No. 1/2564 dated 7 January 2021 passed a resolution appointing three members of the Board of Governors of the Stock Exchange of Thailand (SET), namely (1) Dr. Kulpatra Sirodom, (2) Mr. Prasarn Trairatvorakul, and (3) Dr. Anuchit Anuchitanukul. The new members will take office for a three-year term, starting from 5 February 2021. Pursuant to the Transitional Provisions of the...
Thailand is expected to become a complete aged society by 2022, with the elderly population accounting for 20 percent of the total population. Yet, most of today’s documented workforce are unlikely to earn adequate income after retirement. Therefore, the Ministry of Finance has proposed the draft National Pension Fund Act to enable mandatory retirement saving scheme for documented workers, which could ultimately enhance their retirement savings and income.The Provident Fund Act B.E. 2530 (1987)...
The Office of Securities and Exchange Commission (SEC) is considering amendments to the laws administered by SEC in order to increase the efficiency of law enforcement. The Agency proposes to
Bangkok, March 5, 2012 ? The SEC board is proposing to amend the Provident Fund Act of 1987 in the following areas:(1) Employee will be able to pay savings into the fund at the rate higher than employer?s contribution to raise employee?s savings without requiring employer?s additional contribution. At present, the law prescribes that employer shall pay the contribution into the fund at the rate not less than employee?s savings. (2) Employee whose membership is terminated due to resignment will...
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...