Bangkok, April 30, 2014 ? The SEC is seeking public comment on revision of rules governing financial advisors (FA) to enhance more clarity of rules and promote FA independence. The proposed revision
SEC Secretary-General Rapee Sucharitkul revealed that “the financial reports are crucial for investors’ investment decision-making. The independence of auditors, which plays an important role in
recent suspension of all Baht and cryptocurrency withdrawals. The e-form aims to further facilitate the affected investors’ submission of information and the SEC’s collection of clear and accurate facts
agreements relevant to the transaction to facilitate the NPL management and collection business operation. While the transaction is classified as a sizable related party transaction and asset acquisition, the
financial advisor independence from the target company and the tender offeror with regard to fair value appraisal. The consultation paper is available at www.sec.or.th. Stakeholders and interested parties
SEC Secretary-General Rapee Sucharitkul revealed that “independence of the auditor is a key factor in establishing the reliability of the financial reports. When the international standards on this
Advisory Committee, to further enhance supervisory independence in line with international standards, and to increase recognition from international audit organizations. The proposed amendment aims to revise
our duties in various areas will reflect our commitment to independence, transparency and fairness for all. This is how we build trust and confidence. Personally, I would be pleased and thankful for
competitiveness in the international market; the collection criteria would be simplified in appropriate proportion to the business size and volume of each type of intermediaries. In any case, minimum and maximum
) Ethical requirement (ER): Compliance in this area was found insufficient in some firms, such as inadequate independence compliance testing due to the findings on incomplete identification of related parties