Bangkok, 13 September 2016 - The SEC has imposed a two-year suspension of approval on {A}, Executive Chairman of {X1} Company Limited, for failing to supervise the Know Your Client/Client Due Diligence (KYC/CDD) as well as client activity oversight systems. Additionally, the SEC is in the process of submitting the? case for consideration of the Criminal Fining Committee.During a routine inspection of {X1} Company Limited, the SEC found deficiencies in the company's KYC/CDD system. Also its clien...
, increasingly emphasize the importance of audit quality factor in the selection of auditors. Qualitative information in the firm inspection report is thus very useful for the selection process. In addition, the
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 supporting amendment of the Securities and Exchange Act B.E. 2535 (Securities and Exchange Act) to allow more effective and efficient supervision of audit firms and auditors in Thai capital market.SEC Secretary-General Ruenvadee Suwanmongkol said: “This is the first time SEC contracts an independ...
continue the collective commitment to driving the Thai capital market towards sustainability development. Meanwhile, all signatories are reinforcing their respective roles and expanding cooperative
continue the collective commitment to driving the Thai capital market towards sustainability development. Meanwhile, all signatories are reinforcing their respective roles and expanding cooperative
, as the Initiative leader, will continue the collective commitment to driving the Thai capital market towards sustainability development. Meanwhile, all signatories are reinforcing their respective
continue the collective commitment to driving the Thai capital market towards sustainability development. Meanwhile, all signatories are reinforcing their respective roles and expanding cooperative
total number of REIT units sold, the limit applicable to other unitholders. The relaxation aims at enabling trustee participation in firm commitment deals of underwriting REIT units. The above amendments
, corporate social responsibility and firm commitment against corruption; which will pave the way for them to become role models for others in the Thai business sector. Among 567 listed companies comprising 472
to demonstrate collective strength and commitment to fighting against corruption under the theme, “BREAK THE CORRUPTION: Don't Participate. Don't Tolerate. Don't Ignore. United Thailand against