of unit-linked insurance policies. He did not deliver the money to the company and spent the money for his own interest instead. As a result, the clients’ insurance policies and the protection
their misconduct in this case, SEC views that {A} and {B} both failed to perform duties or giving services with loyalty.* SEC has therefore suspended the approval as investment consultant for complex
their profession duties with loyalty* by making unauthorized investment without client’s permission, and order or consent on making fake documents. While {B} failed to properly discharge his
providing services to clients with loyalty while applying knowledge and skills with discretion as professional. In the case of SKFM, SEC ordered the company, a small-sized asset management company whose
The new regulations allow insurance companies to issue and offer for sale of insurance capital bonds. Initially, such offering must be in private placement scheme to no more than 10 investors (PP
(Launch of the Integrated National Financing Framework (INFF) and the Insurance and Risk Finance Initiative for Thailand)” จัดโดยโครงการพัฒนาแห่งสหประชาชาติประจำประเทศไทย (UNDP) ร่วมกับมูลนิธิสถาบันวิจัย
According to AIA’s inspection report and SEC’s further investigation, it was found that Sorrapon received the unit-linked life insurance premium from the client but did not forward the premium
Bangkok, July 26, 2016 ? The Criminal Fining Committee has imposed fines at the total amount of 8,618,831.25 baht on (1) Mr. Somporn Suebthawilkul, (2) Thaisri Insurance Public Company Limited, (3
in accordance with the ethical standards as specified in Section 5 of the Ethical Standards Act, as follows:(1) Loyalty to the core national institutions, i.e., Nation, Religion and Monarchy, as
important information and business secrets of the company without approval. He later resigned from the company. SEC has considered that Pusit failed to perform duties with loyalty* and therefore suspended