without any regulations governing the cryptocurrency. To Thailand, regulating Libra with the existing laws may be difficult. More consideration must be taken on whether or not Libra is money, who can be
includes inspection of audit firms’ quality control systems, which has been running since 2010. According to the Activities Report 2021, audit firms in the capital market have continued to improve their
the Securities and Exchange Act B.E. 2535 (1992); (7) a company issuing listed securities; (8) a company whose securities are traded in securities trading center; (9) a trust under the law governing
In November 2019, SEC engaged the Thailand Development Research Institute (TDRI) to conduct a study on laws pertaining to the supervision of audit firms and auditors in foreign capital markets for
IPOs between 2002-2005, 10 out of 93 firms posted NC status. The probability of becoming delisted increases considerably after year 6 of listing. 2 Illustration of reverse takeover 3 Private firm
Financial Reporting 5. Transactions and Trends 6. Audit risks related to audit firms 1. Economic Environment Oil and gas prices : impacting not only oil and gas companies but also others with significant
work for audit firms having quality assurance system in compliance with professional standards, the SEC regularly inspects the firm?s audit quality to uphold market fairness, ensure proper investor
2-in-1 Investment: Cryptocurrency-related Announcements by Public Firms Yosuke Kakinuma Chiang Mai University Business School, Thailand SEC Capital Market Regional Seminar 2022 August 31, 2022 What
of voluntary information disclosure via social media, firms would be facing incentives to only release positive news…but do they? • Trueman (1997) proposes a model showing that rational managers also
hearing on this matter to gather comments and suggestions from the public and stakeholders. Most of the respondents agreed with the principles and the proposed amendments to the governing regulations. The