. Most of the large stock exchanges are now profit maximising and themselves publicly traded joint stock companies that operate in competition with other profit maximising stock exchanges and trading
Notification of the Securities and Exchange Commission (UNOFFICIAL TRANSLATION) PAGE (UNOFFICIAL TRANSLATION) - 11 - Readers should be aware that only the original Thai text has legal force and that
Notification of the Securities and Exchange Commission (UNOFFICIAL TRANSLATION) Readers should be aware that only the original Thai text has legal force and that this English translation is strictly
opportunities for established and potential business operators to maximize the use of FinTech in developing financial and investment services with less legal limitations and more efficient information access.SEC
process is in line with the Capital Market Development Plan in the area of building competitiveness and business sustainability. It is expected to reduce the volume of paper use of the business sector by
increase flexibility and effectiveness in business operations by delegating other persons, who are prepared to operate the business under the principle of principal-agent relationship. SEC has held three
clients.SEC has drafted a regulations in accordance with the principles from the public hearings, incorporating the suggestions of the business operators. In addition, SEC has revised the criteria for the
areas, with a relatively comprehensive framework and high levels of compliance. However, it also finds some gaps: 2 principle are implemented at 50 (out of a 100 percent) or less, and 14 at 75 or less
2005. Debt Market In comparison with the stock market, the Thai debt market is likely to be less positive in 2005. The anticipated increase in inflation and a trend of rising interest rates in the US are
. How- ever, in many markets individuals and their families are dominant shareholders (for example, in Hong Kong, China). These individuals or families may control a large group of companies, with