Bangkok, July 7, 2014 ? The SEC is seeking public comment on revisions of client assets report of securities companies and derivatives brokers to be applicable to commercial banks and life-insurance companies licensed to undertake the said businesses. In addition, the revisions will extend the scope of transactions subject to segregation to cover offshore securities trading service, brokering, dealing and underwriting of investment units and securities borrowing and lending. This is to ensure...
Bangkok, July 14, 2014 ? The SEC is seeking public comment on the draft regulations to be issued under Section 315/1 of the Securities and Exchange Act B.E. 2535 (1992) (SEA) on payment of bounty and gratuity to the informer or the arrestor regarding the offences of insider trading or market manipulation to enhance enforcement efficiency. The proposed regulations provide instructions for giving information and application for bounty or gratuity, consideration on persons filing application for b...
. Reviewed by taking into account comments and recommendations of the business operators received from the previous public hearing, the draft rules include rectification period, restriction of business
Bangkok, February 21, 2014 ? The SEC is seeking public comment on revising the regulations concerning independent directors of licensed securities and derivatives business operators. The proposed regulations, however, do not apply to licensed venture capital, securities inter-dealer broker and securities investment advisors. For all of the licensees subject to the regulations, they must appoint the independent directors at least one fourth of all directors, providing that the independent direct...
Bangkok, June 5, 2014 ? The SEC is seeking public comment on revision of rules governing mutual fund prospectus to provide more useful information for investment decision making. Management companies will be required to disclose additional information such as portfolio turnover ratio (PTR), trading costs, and trigger fund. The consultation paper is available on www.sec.or.th. Stakeholders and those interested in the proposal are welcome to submit comments through the website, or facsimile numbe...
Bangkok, August 13, 2013 ? The SEC is seeking public comment on draft amendments to the rules governing fund investment in Greater Mekong Subregion (GMS) to wider variety of investment choices. The consultation paper is available until August 20, 2013.The SEC proposes to allow mutual fund, private fund, provident fund and accredited investor fund to invest in both listed and unlisted instruments of the GMS countries, namely Cambodia, Laos and Myanmar, currently not regulated by members of Intern...
Bangkok, June 21, 2013 ? The SEC is seeking public comment on a draft revision to the rules governing preparation of financial statements, financial reports, and operating results of securities issuers. The proposed revision intends to simplify the rules and strike a balance between the investors? need for adequate information disclosure with respect to their investment decision and the regulatory burdens of the securities issuers. Furthermore, the SEC will also propose business operation gui...
Bangkok, March 25, 2015 ? Equity private placement deals of listed companies have been significantly increased recently while the existing rules do not cover certain circumstances that might be unfair or might cause damage to shareholders. The SEC, therefore, proposed revision of rules on private placement of newly issued shares in the following issues: 1) consideration on private placement price; 2) exercise of due care by listed companies? board of directors in giving information and opinions...
Bangkok, September 23, 2015 ? Mr. Pariya Techamuanvivit Director, Corporate Affairs Department revealed that the SEC is currently seeking public comments on the draft rules regarding underwriting business.? The objectives of the rule-amendment are to promote flexibility and prevent conflict of interest. The proposal has undergone series of discussions with various stakeholders including securities underwriters. The proposed new rules cover the addition of municipal bond as securities, and filing...
@sec.or.th. The public hearing ends on May 23, 2016.