Under the proposed regulations, in order to be qualified for exemption, the futures exchange, derivatives clearing house, securities clearing house and securities depository shall submit its rule to the SEC Office at least 10 working days before the intended effective date of such rule, along with a brief report on comments from the stakeholders (if any). The types of rule that can rely on this exemption are as follows: (1) Rules that carry the material context similar to that state...
The meeting agreed to resume discussion to develop mutual recognition framework to facilitate cross-border mutual fund offerings. The discussion was initiated in 2004 before later being halted. To
business operators to contribute to the society, SEC is going to issue a notification to allow social enterprises, including their shareholders, to make public offerings without prior approval or
It is the SEC’s policy to increase SMEs’ business opportunities by allowing them more convenient access to financial services in accordance with the Master Plan under the 20-Year National Strategy (2018-2037). In this regard, the SEC has revised the SMEs share offering rules to provide SMEs with wider choices of fundraising channels, including share offering to the issuer’s group of companies. This amendment approved by the Capital Market Supervisory Board Meeting No. 2/2565 on 15 Febru...
Special Administrative Region of the People's Republic of China and Thailand to facilitate cross-border offerings of funds between Hong Kong and Thailand for asset management companies by recognizing each
Bangkok, Jul 14, 2014 ? SEC Secretary-General Vorapol Socatiyanurak revealed that the Capital Market Supervisory Board has approved the revisions of rules on filing for equity offering by Thai incorporated companies in Thailand and other ASEAN members, simultaneously or in proximate period, under the ACMF framework. The issuers will be allowed to file with the SEC disclosure documents using ASEAN Disclosure Standards and thus enabled to file a single set of disclosure documents with several regu...
Bangkok, July 22, 2014 ? The SEC is seeking public comment on proposed rules, conditions, and procedures for information disclosure in financial statements and operational result of foreign companies offering equities in Thailand. To begin with, the first category under the proposal covers primary listing where foreign companies offering equities and becoming listed firms only on the Stock Exchange of Thailand (SET). The second category is dual listing, secondary listing and ASEAN dual offering...
prescribes the framework and conditions for public offerings of cross-border mutual funds under the Asia Region Funds Passport (ARFP).Together with the other first participating economies ? namely, the
Early this year, SEC held public hearings to obtain views on establishing rules that require companies issuing IPOs to disclose information related with the offering for sale of their securities in an audiovisual format in a bid to respond to the changing behaviors of investors, who tend to use the Internet more as a channel to receive information and do not spend as much time on reading long information disclosure forms. This idea was well supported from both business operators and inves...
Kong's ESG Funds with SRI Funds and other funds in Thailand. More information on the Additional Guidance on Cross-border Offerings of ESG Funds under the Mutual Recognition of Funds between Hong Kong