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...
The Securities and Exchange Commission (SEC), led by Secretary-General Pornanong Budsaratragoon and executives, made a charitable donation of 600,000 Baht to support Friends in Need (of "PA
, 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...
event, the SEC made a charitable donation to the "Pranangklao Hospital Foundation" to help underprivileged patients and promote medical research, at the NACC Office on 17 November 2023.
Sukwilai (far right), Director of Civil Case Enforcement Bangkok Office 1, gave a warm reception on this special occasion. In collaboration with this event, the SEC made a charitable donation to the
charitable donation to the Thai Red Cross Society’s project to support the purchase of medical equipment and assisting patients with acute ischemic stroke, at the DBD Building on 16 January 2024.In the
and financial statements audited by an auditor who is employed by an audit firm that has been inspected by the SEC*; 2. Submit half-year and annual financial statements that have been
monitored with professional investment advices. If investors encounter any solicitation to transfer money into an account of securities firm, whether or not it is the firm that investors have already opened
monitored with professional investment advices. If investors encounter any solicitation to transfer money into an account of securities firm, whether or not it is the firm that investors have already opened