SEC Secretary-General Ruenvadee Suwanmongkol, as chair of the Digital Infrastructure for Capital Market Steering Committee established by the SEC, said that the Steering Committee had convened the first meeting on 6 November 2019 to consider the Master Blueprint and guidelines for driving forward implementation plans. “The Master Blueprint contains the overview of how the Thai capital market can apply DLT to various processes, from issuance and offering for sale in the primary and second...
On 12 March 2020, the CMSB Meeting No. 4/2563, presided by SEC Secretary-General Ruenvadee Suwanmongkol, considered possible guidelines for the AGM holding of property funds, infrastructure funds and REITs and the submission of financial statements and the auditor’s reports on PVDs amid the spread of COVID-19. The meeting has passed the following resolutions: 1. Exemption for the holding of AGM of unitholders of funds and REITs CMSB has granted a deadline extension to 30 June 2020 or f...
Bangkok, 19 March 2020 – According to the Cabinet’s resolution on 17 March 2020, approving the postponement of the public holidays during 13 -15 April 2020 to prevent and contain the spread of the novel Coronavirus (COVID-19) in the country, SEC has considered appropriate to revise the holidays of securities companies and derivatives business operators and, therefore, announced the cancellation of the holidays during the above mentioned period. The substitution holiday(s) will be announce...
On 9 July 2020, the CMSB Meeting No. 13/2563, chaired by SEC Secretary-General Ruenvadee Suwanmongkol, passed a resolution approving the regulations related to the establishment of high yield bond funds that will help increase liquidity and allow debt issuers affected by the COVID-19 pandemic to continue their business operation (bridge financing). This in turn will increase liquidity and stability of the high yield bond market as well as offer an alternative for high net worth investors...
The Civil Sanction Committee passed a resolution imposing a civil sanction on Surasak and Ekkamon in the case of insider trading of GLOBAL shares on 22 August 2012; however, both persons refused to comply with the civil sanction. Later, on 26 February 2018, the public prosecutor filed a legal action against Surasak and Ekkamon with the Civil Court after the SEC had submitted the case for the Court to impose the civil sanction on them in the Undecided Case No. Por. 1060/2561 between the SEC...
Bangkok, 6 January 2021 – This is with reference to the Cabinet’s resolution on 29 December 2020, approving additional public holidays and deferring the substitution holiday for Chulalongkorn Day to stimulate economy through domestic consumption. The SEC has considered it is appropriate to announce that 12 February and 24 September 2021 are special holidays for securities companies and derivatives business operators, and to defer the substitution holiday for Chulalongkorn Day from 25 Oc...
The SEC has collaborated with the single form working group to develop the single form, which contains a standard information set. The working group consists of representatives from stakeholders in all sectors of the capital market, namely the Association of Thai Securities Companies (ASCO), the Association of Investment Management Companies (AIMC), the Thai Bankers Association, the Association of International Banks, the Thai Life Assurance Association, and investment unit selling agents. This...
From July to September 2023, business operators showed interest in joining the project and submitted activity reports on the promotion of financial knowledge, understanding, and skill development in finance and investment for investors and the public. In the third quarter of the year, seven participants given recognition and awarded certificates are the following companies: 1) KGI Securities (Thailand) PCL. 2) Muang Thai Life Insurance PCL. 3) GMO-Z...
The Initiative is part of the Financial Literacy Development Action Plan for the years 2022-2027 under the Ministry of Finance. The SEC has invited securities companies and digital asset business operators to participate in the Initiative since July 2023. Currently, there are more than 30 corporate participants, including seven companies signing up for the first time in the third quarter of 2023. In the fourth quarter of 2023, there were 21 participants given recognition and awarded c...