In the past, SEC had been approving securities business operators to assign outsourcing in other operations related to businesses for the effectiveness and flexibility of the operation. Business providers are still responsible for any actions operated by the outsourced company while the outsourced company must also have the readiness in both personnel and the operating system, and such operation must be under appropriate supervision.SEC is revising the regulations regarding supervision of...
SEC Secretary-General Ruenvadee Suwanmongkol said: “The SEC has the duty to supervise and develop the Thai capital market. One of our key responsibilities is to help increase businesses’ access to funding through capital market’s fundraising mechanisms and tools. To support liquidity of businesses affected by the COVID-19 pandemic who wish to raise fund using REIT buy-back, the SEC has considered exempting fees for application and filing submitted during February 1, 2021 and December 31, 2023. W...
The Securities and Exchange Commission (SEC), led by Secretary-General Pornanong Budsaratragoon, along with SEC executives, held a joint meeting with the Custodian Club, led by President Utumporn Viranuvatti, and club members, to discuss strategies for elevating the efficiency in the standards of post-trade services of investment management companies. Both parties also exchanged views on the roles of custodians under draft amendments to the Provident Fund (PVD) Act and within the securities trad...
elevate their audit work quality to be on par with bigger audit firms. This means the work plan that the SEC supports is a success and the quality of small and medium-sized audit firms is on the rise. In
December 2024 remains a business day for securities companies and derivatives business operators. This adjustment aligns with the holiday schedule of financial institutions and prevents undue cost burdens on
initiating and promoting ?ASEAN CG Scorecard? project. We view that the assessment will not only help elevate CG quality of Thai listed companies in line with international standards, but also promote
will also work with the industry panels to further engage domestic and international stakeholders to elevate the profile of ASEAN as an investment destination and promote ASEAN as an asset class whilst
fundraising process; (5) Cyber Resilience: To elevate the standard of cybersecurity of business operators towards cyber resilience; (6) Data Protection: To support stakeholders in the capital market in
as elevate the operation of bond holders’ representatives to be of the same standard, and are expected to exercise their duties protecting the benefits of the bond holders.To accommodate the
financial statements by May 27, 2015. AIE was also required to clarify the auditor?s inquiries on cost of sales and inventories by May 12, 2015. The SEC received AIE audit committee report concerning the