by Mr. Pichet Sithi-Amnuai, ASCO Chairman, along with representatives from 42 securities and derivatives businesses. This meeting aimed to discuss and exchange views on strategies to advance the

and derivatives business operators to support the government’s policy above and align with the holiday schedule established for financial institutions and specialized financial institutions.   

Capital Ratio (NCR): the ratio of NC compared to general liabilities (the total liabilities and derivative financial liabilities, excluding special debts), plus required margin for derivatives contracts

considered it appropriate to designate 12 April 2024 as an additional special holiday for securities companies and derivatives business operators. This decision aligns with the Cabinet’s resolution and the

DecemberH.M. King Bhumibol Adulyadej the Great’s Birthday / National Day / Father’s Day16. Wednesday10 DecemberConstitution Day17. Wednesday31 DecemberNew Year’s EveFor all securities companies and derivatives

With this manual as guidance, it is expected that the business operators will accordingly review their risk management policies and procedures and report the results to the SEC as part of their 2024 annual compliance reports. In this front, reporting of any non-application or unfinished application of the recommended guidelines shall be accompanied by the explanation of the associated reasons, as an additional report, which is approved by the company’s board or audit committee. The SEC is...

registered capital reduction for derivatives business operators.*To provide securities and derivatives business operators with greater convenience for general approval of registered capital reduction and to

In February 2024, the SEC conducted a public hearing on the proposed principles concerning the licensing of securities and derivatives businesses. Most respondents agreed with the principles for

businesses that may pose systemic risks, transferring client assets and derivatives positions to new business operators, and closing out derivatives positions;  (2) Exempting business operation restrictions

December 2024 remains a business day for securities companies and derivatives business operators. This adjustment aligns with the holiday schedule of financial institutions and prevents undue cost burdens on