Bangkok, February 24, 2014 ? SEC Secretary-General Vorapol Socatiyanurak revealed that the SEC Board approved to prescribe a depositary receipt (DR) as a security under the Securities and Exchange Act, B.E. 2535. The DR issuers will be subject to the approval and disclosure rules to be specified later. In addition, the permissible DR must represent a security listed on overseas exchange as well as other securities, instruments or other assets to be specified by the SEC Board. The introduction of...
Bangkok, 16 September 2016 ? The National Legislative Assembly has approved the new amendments to the Securities and Exchange Act (SEA), which aim to enhance enforcement efficiency by amending the offences regarding market misconduct, and introducing civil penalty as an alternative sanction. Assistant Secretary-General Sakkarin Ruamrangsri said: ?The nature of market misconduct has become more complicated, and for the most part the existing laws do not cover all new ways of committing an offens...
SEC Secretary-General Ruenvadee Suwanmongkol said that she has signed the notification on Detail of the Mutual Fund Scheme for Establishing the Super Savings Fund (SSF) which has the policy allowing to invest not less than 65% of net asset value in listed securities on the Stock Exchange of Thailand and the notification on waiving fees for the application and registration of such funds for asset management companies. Both notifications are to be published in the Royal Gazette.“Asset manage...
SEC Secretary-General Ruenvadee Suwanmongkol stated that the SEC Board Meeting No. 12/2564 held on 9 June 2021 had passed a resolution approving the Notification of the Securities and Exchange Commission No. Kor Thor. 18/2564 Re: Rules, Conditions and Procedures for Undertaking Digital Asset Businesses (No. 11). After publication in the Government Gazette, the Notification has become effective from 11 June 2021 onwards without retrospective effect. Essentially, the Notification prescribes...
SEC Secretary-General Ruenvadee Suwanmongkol said that since the regulations on details of mutual fund schemes supporting the establishment of SSF to invest mainly in listed securities took effect on 13 March 2020, SEC has already approved 17 such SSFs established by 13 asset management companies. “SEC has expedited the approval process to make sure that IPO of this special SSF can begin on 1 April 2020,” added Ms. Ruenvadee. On 10 March 2020, the Cabinet approved tax exemption on SSF in...
The meeting was chaired by Sirivipa Supantanet, SEC Deputy Secretary-General, along with distinguished members such as Emeritus Professor Vitit Muntarbhorn, Associate Professor Thongthippa Wiriyaphan, Dr. Netithorn Praditsan, Deputy Secretary of Global Compact Network Thailand (GCNT), and Pimpan Diskul Na Ayudhya, Director of Thailand Responsible Business Network (TRBN). The working group believes that this kind of training course will help the business sector to seamlessly integrate human...
. Additionally, the firm consents to audit quality inspection carrying out by inspectors of the SEC Office; 2. I certify that if an auditor of the audit firm has been registered with the SEC Office, the audit firm
standards issued by the International Federation of Accountants (IFAC) in case the FAP has yet to issue or amend its standards to be in line with such international standards. Additionally, the firm consents
International Standard on Quality Control 1 (ISQC1) issued by the International Federation of Accountants (IFAC). Additionally, the firm consents audit quality inspection carrying out by inspectors of the SEC. 2
meeting of the board of directors or a shareholders’ meeting; (2) amount of votes at the shareholders’ meeting in the resolution which approves entering into such transaction; (3) rules governing the