practices. The IOD has noted that Thai listed companies are starting to emphasize more on substance rather than just form, especially in the areas of Role of Stakeholders and Board Responsibilities. However
Thailand shall be in accordance with criteria under Chapter 1 of Part 4; (b) an offering of the whole amount of debt securities to investors abroad shall be in accordance with criteria under Chapter 2 of
matter; (b) having been rejected by the SEC Office regarding an application for offer for sale of newly issued shares on a material ground of suspicion concerning management mechanism in the following
the time- on period has to be considered. • The records of key audit partner’s time-on period is not complete or • Inappropriate detail in manual and database on this matter may expose the audit firm
aspects of non-audit services under consideration and their independence evaluation such as the substance of the issues, the details of any judgments made or discussions held, any safeguards set up to
structure in accordance with the regulations or the conditions for approval under this Notification, but a certain fact leads to the consideration that the true objective or substance of such offering has the
such SPVs; (2) Revising the amount or value of the investment to be more flexible by allowing it to be at least 80 percent of the whole project or not less than 500 million baht, as
considered it necessary to regulate the matter. The existing digital asset business operators are required to comply with the regulations within 30 days as from 1 April 2022. The BOT and the SEC previously
Exchange Commission (SEC) urges digital asset business operators to give priority to cybersecurity and to assign a responsible person to oversee this matter to ensure continuity of service provision and
material misstated, but the effects or possible effects of the matter on the current period’s figures are not material (paragraph number........) ( 2.3.2 unable to obtain sufficient appropriate evidence