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...
Educational Project to prepare auditors for the launch of the new official auditor?s report at the end of the year.Senior Assistant Secretary-General Prakid Punyashthiti said: ?Starting from the financial
, 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
cooperation, the MOU aims to assist teachers and educational personnel in solving their debt problems in a concrete way. This includes increasing liquidity for debt payments, promoting good quality living
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...
With the opening keynote speech given by Mr. Thawatchai Pittayasophon, SEC Deputy Secretary-General, Acting Secretary-General, the seminar is aimed to provide the public and private sectors, state enterprises, financial institutions and capital market stakeholders, with the knowledge on the offering for sale of sustainability-themed debt instruments and case studies of the offering practices in Thailand as well as a forum for exchanging views and perspectives on the risk-reduction financin...
The Securities and Exchange Commission (SEC), represented by the Capital Market Education Department, gave an educational lecture on "Strategies for Securities Investments: A Guide for Beginners" for
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