oversight of persons with the power of management and major shareholders, the imposition of penalties, and statues of limitations for legal proceedings. These proposed amendments are intended to enhance
Today, development of technology is rapid and continuous. It disrupts development of services in the capital market. However, SEC views that many provisions in the Securities and Exchange Act B.E. 2535 (1992) and the Derivatives Act B.E. 2546 (2003) do not keep pace with these rapidly changing environments which may unintentionally limit the area that business operators can make use of technology, such as provision that requires business operators to disclosure its financial statements to...
The SEC has endorsed the concept of requiring audit firms to maintain an appropriate number of auditors in the capital market to enhance their overall strength and ensure sufficient staff to provide
According to the SEC Strategic Plan, the goal of building competitiveness can be achieved through standard rules and regulations. In this regard, the regulatory guillotine scheme,* which focuses on review of rules and regulations to maintain only necessary ones and ensure effective enforcement, can help SEC build a body of standard regulations in line with the changing environment without compromising appropriate investor protection and convenience for business operation.The SEC therefore...
“Director Pool”, a database for nomination of directors who have appropriate qualifications and skills, which is another initiative that helps enhance women’s exposure to corporate leadership and directorship
Industrial Estate ? though Kanchanaburi province ? with Thailand?s Eastern Industrial Estate and Laem Chabang Deep Seaport. ?Though requiring large pools of capital, such infrastructure projects will boost
accounting and auditing standards. The event aims to promote audit regulator and audit firm cooperation, boost audit quality in the region while enhance reliability of financial reports of companies in ASEAN
Project aims to enhance national transparency, boost morale, applaud governmental organizations’ exemplary role, and promote corporate value of management based on good governance, professional ethics
OSMEP Director Veerapong Malai stated that OSMEP has a mission to integrate and foster the growth and enhance the international competitiveness of SMEs by working together with alliances in all