business, which also reduces redundant identification processes. As a result, trading account opening process in the capital market will be swift, effective, and reliable, also investors will be
2015 and 2016 were restated because fictitious revenue had been recorded. The SEC reviewed Patamavan’s engagement performance as NMG’s auditor and found that she failed to obtain reliable evidence that
identification and verification procedure that is both appropriate and reliable; - Upon any material change in a transaction, or any reason to suspect such information, to verify, to review, and to collect
in the Thai capital market also resulted in higher level due to reliable financial reports of listed firms, helping facilitate those firms? overseas fund raising and boost competitive edge of capital
businesses more access sources of finance where they can raise fund from the crowd, each of them makes investment with small amount of money through the provider of internet-based system, called crowdfunding
’ key barriers to raise fund through the capital market. Consequently, SEC would unlock the gateway by applying following 8 keys.(1) The seminar entitled “SEC FinTech for SMEs and startups”: This
national strategy and Thai capital market development plan. Besides the sharing of information with OSMEP, SEC has been working with OSMEP to launch a program which allows SMEs and Startups to raise fund
bigger than that of SME pursuant to the Law on SME Promotion (for example, a company with revenue more than 300 million baht in the trading and service businesses) are eligible to raise fund by issuing and
client’s true identity (client identification), including the identity of the ultimate beneficial owner and the controlling person of the transactions; (2) verify the client’s identity using reliable sources
identification), including the identity of the ultimate beneficial owner and the controlling person of the transactions; (2) verify the client’s identity using reliable sources of information (client verification