, SEC has required business operators which provide services exclusively through online outlets to sell only non-complex investment funds.
The SEC is proposing to amend the regulation on filing the application for establishment and management of mutual funds by allowing electronic submission of all required documents through the Online
will allow them to mobilize funds in accordance with their type and size. For example, issuers will not be required to submit documents for SEC’s approval before offerings of shares and convertible
has to be maintained to ensure continuity of business operations.To cover potential liability risks arising from professional negligence, asset management companies are required to maintain
required to examine the issue raised by the auditor whether the questionable transactions of land sales and purchases were in line with the normal course of business operation.Concurrently, the SEC
While all securities companies were required to have paid-up registered capital at the same amount of 100 million baht, the new rules require that applicants and licensees of all types of
the required voting proportion ? one of the integral parts of such rule - for the Auditing Advisory Committee to pass a resolution concerning consideration of deficient characteristics or behaviors of
knowledge and understanding of accounting principles, specified expertise, and regular skill improvement in their respective fields. Concurrently, the IPO and PO issuers would be required to disclose
Nowadays, asset management companies are required to separate investors’ asset from the companies’ ones and introduce measures to protect investors’ assets for other benefits. Asset management