Bangkok, 1 August 2017 ? The SEC requires that Polaris Capital Public Company Limited (POLAR) immediately submit the special audit report which has passed due on 24 July 2017. Previously, the SEC instructed POLAR to conduct a special audit on the sources, existence and completeness of the accounting records and the disclosure in the financial statements of the liabilities whose material information differed from what had appeared in the application for business rehabilitation. POLAR missed the s...
global effort to reduce carbon emissions leading to global warming. SEC has therefore upgraded the Online Fund Approval and Management System (“OFAM”) to accommodate paperless filings.Businesses can
, under their management to meet the requirement instead of being subject to immediate dissolution on the closing date of the unitholder register.In addition, the SEC is proposing a waiver of compulsory
. Teetiphun Theppadungporn's directorship. Given such circumstances, the SEC views that an immediate arrangement of a shareholders? meeting to appoint new directors is imperative. The SEC has thus instructed
the proposals on the calculation of subordinated facility to support an immediate increase in transactions, as well as the calculation of digital asset business risk and business suspension for any
sent a letter to the bond issuer to demand immediate repayment of the bond reaching maturity. The SEC requires that the bondholder representative analyze the benefits and shortcomings as well as the
front, new technologies will also be applied for capital market development and supervision and for upgraded cybersecurity. (3) Capital market’s prospects are steered towards sustainability through the
transaction confirmation evidence that must be issued by the responsible asset management company or the selling agent bank only. In case of doubts, immediate contact with the compliance unit is recommended
maintain their status as a capital market auditor without immediate termination, provided that steps are taken by the auditor to make rectification to obtain the prescribed qualifications within the given
an important first sign to consider whether or not a prespective company is worth investing. The SEC therefore requires immediate disclosure and reporting in case of severe damage, business