. Save and Close × Home > Laws/Regulations > Regulations > Mutual Fund > Management of Mutual Fund > Authority of the SEC Regulations SHARE : Detail Content
. Save and Close × Home > Laws/Regulations > Regulations > Mutual Fund > Management of Mutual Fund > Authority of the SEC Regulations SHARE : Detail Content
organizational structure comprises three tiers of authority, namely: 1. The SEC Board responsible for policy-level regulations and oversight of market development; 2. The Capital Market Supervisory Board
oversight authority that has same auditor oversight standard as that of the SEC, and b) have experience in auditing and certifying financial statements of entities whose securities are publicly traded in
Track: auditors who a) are under supervision by an audit oversight authority that has same auditor oversight standard as that of the SEC, and b) have experience in auditing and certifying financial
), the Accounting and Corporate Regulatory Authority of Singapore ( ACRA), and the SEC Thailand . Cooperation with Foreign Regulators The SEC places a strategic focus on proactive alliance with
board of directors to be members of “audit committee." Audit committee is responsible for reviewing financial statements, internal control system, and ensuring that the company has disclosed information
directors and non-executive directors should support proper checks and balances to prevent unfettered power of decision and authority by any one individual, whereby: a) the majority of the board should be
supervision under the authority of multiple agencies as seen in the following areas: Securities trading The Ministry of Finance had the power to regulate securities trading on the Stock Exchange of
and from overseas ; (4.3) An event that prevents the mutual fund from receiving payments from the invested securities on a regular schedule. Such incidents are beyond the control of the mutual fund