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resolution thereby ensuring greater strength and stability of the Thai capital market in the long run. SCE_Eng_p.1-16 10/29/04, 1:05 AM7 8 BOARD OF THE SEC Mr. Suchart Jaovisidha Minister of Finance Chairman
performance that was 818.2 billion bath in net loss in the period from 1998 to 2000 to over 1 trillion baht in total net profit from 2001 to 2004. Thailand’s capital market has clearly regained strength and is
UNOFFICIAL TRANSLATION Readers should be aware that only the original Thai text has legal force and that this English translation is strictly for reference. Notification of the Capital Market
well-functioning markets. The corporate form of organisation of economic activity is a powerful force for growth. The regulatory and legal environment within which corporations operate is therefore of
clear, it has been supplemented by a range of regulations and guidelines, many of which are still considered relevant or in force from several years before, even when more recent statements may cover the
Implementation Task Force. On the accounting standards, the SEC submitted comments on nine issues concerning the impracticality of certain accounting principles to the International Accounting Standards Board
Sucharitkul said “SEC is now opening for applications for operating digital asset businesses as Ministry of Finance’s announcement on digital asset licensing has come into force. Interested parties can apply