, making it impossible for the owner to report to the SEC within the specified period of time;(4) Clear determination of the reporting date in case of obtaining shares from capital increase or convertible
Today, development of technology is rapid and continuous. It disrupts development of services in the capital market. However, SEC views that many provisions in the Securities and Exchange Act B.E. 2535 (1992) and the Derivatives Act B.E. 2546 (2003) do not keep pace with these rapidly changing environments which may unintentionally limit the area that business operators can make use of technology, such as provision that requires business operators to disclosure its financial statements to...
offices or branches of business operators in accordance with the Regulatory Guillotine to increase flexibility and streamline processes and operating burdens on the business sector. Essentially, the
in class action litigation. It also intends to increase investors’ awareness of their legal rights to claim for remedies from those who broke the laws and caused them harm.” Acting Sub Lt. Dr
Presently, several companies are interested to raise fund through digital token offer to finance their investment in office buildings or condominiums which will later be rented for income shared
“Director Pool”, a database for nomination of directors who have appropriate qualifications and skills, which is another initiative that helps enhance women’s exposure to corporate leadership and directorship
Bangkok, October 2, 2015 The SEC has rolled out an initiative to enhance sustainability of the financial reporting ecosystem, which is paramount to the integrity and soundness of the Thai capital
Bangkok, February 9, 2016 ? The SEC is seeking public comments on draft amendments to several regulations governing provident fund (PVD) management to promote PVD as an effective savings chanel for employees. The revision aims at encouraging employees to save more, save longer, and save smart, to enjoy better quality of life after retirement.The proposed amendments would require that asset management companies comply with the following key regulations: 1) To provide several investment plans f...
Under the existing regulations, each business operator allows to prepare the customer complaints’ handling report in its own style and classify the type of complaints as it deems appropriate. Such variations have caused SEC extra time on processing the data for regulatory use. In addition, the current regulation which requires the operator to submit the report in paper form to SEC has incurred an undue burden to the business. SEC, therefore, proposes to amend the regulations by requiring...