Bangkok, January 8, 2010 ? The SEC has officially launched the Change Program, a major initiative to improve its organizational efficiency and Thai capital market competitiveness in the global arena. Paralee Sukonthaman, Head of the Change Management Task Force, said that the Change Program aims for improvement in three major areas of SEC responsibility: regulatory reform; work process; and staff mindset and efficiency. ?We are not just keeping pace with global changes; we are enhancing market p...
Bangkok, January 8, 2010 ? The SEC has officially launched the Change Program, a major initiative to improve its organizational efficiency and Thai capital market competitiveness in the global arena. Paralee Sukonthaman, Head of the Change Management Task Force, said that the Change Program aims for improvement in three major areas of SEC responsibility: regulatory reform; work process; and staff mindset and efficiency. ?We are not just keeping pace with global changes; we are enhancing potenti...
transactions.Vorapol Socatiyanurak, SEC Secretary-General said that ?The SEC has initiated a wide range of activities to enhance AGM quality. This year, we have encouraged the right protection volunteers to perform
, which will serve as another important milestone reflecting the strong relationship between the SECC and SEC Thailand. During this meeting, the SECC and SEC Thailand also agreed to enhance the strong
At present, securities and derivatives business operators (Thai business operators)* are allowed to provide services for Thai investors’ investment in foreign capital market products through business operators in foreign jurisdictions/countries with their personnel giving investment advice. Under the governing rules and procedures, foreign business operators, having the prescribed characteristics and giving advice or information on foreign currency denominated capital market products through Tha...
SEC is welcoming public comments on a drafted notifications of the approval for offering of newly issued shares and information disclosure, applying to issuers and listed companies, in accordance with the International Organization of Securities Commissions (IOSCO) standards and FSAP. Reexamining these regulations would help to further credibility of the Thai capital market and to build up confidence for both domestic and foreign investors. For the principle of the revision, the SEC had al...
-the-counter center in order to reduce barriers to establishment and operation, imposing regulatory measures to enhance the supervisory efficiency of the Stock Exchange of Thailand and introducing
oversight of persons with the power of management and major shareholders, the imposition of penalties, and statues of limitations for legal proceedings. These proposed amendments are intended to enhance
The provisions proposed to be added are as follows: (1) Provision that will require the association to operate its affairs in accordance with the rules prescribed by SEC Board. If, however, there is any matter that SEC Board has not specifically specified, then the provisions under the Trade Association Act will be applied mutatis mutandis; (2) Provision that will allow the association to invest in certain types of securities, provided that, such investment is made...