not planning to amend the regulations related to preparation and submission of interim financial statements* of listed companies. However, SEC deems it is necessary to propose amendment to the SEA to
, Kachen or Komgrich Luechanya or Chitsanucha Piyakanin), to imprisonment for permitting or participating in the preparation of incorrect or inaccurate accounts and public fraud. Previously, on November 8
Bangkok, October 7, 2015 ? The Criminal Court sentenced Ratchasak Susewi, former executive of POWER-P Plc. (POWER) responsible for the company operation, for corporate fraud. Ratchasak permitted POWER-P to pay 45 million baht higher than actual value as deposit for shares purchase of another company. In addition, he permitted false records or no record of important information in the company?s accounts and documents, and also prepared incorrect accounts with intention to deceive others about th...
Bangkok, December 17, 2015 - The SEC has filed a criminal complaint against {A}, former managing director of Ramkhamhaeng Hospital Public Company Limited (RAM), with the Department of Special Investigation (DSI) for (1) failing to perform duties responsibly, carefully and honestly, (2) seeking unlawful gain for himself or other persons causing damage to the company, and (3) committing or permitting wrongful acts against RAM documents.The SEC found that {A}, then RAM managing director responsible...
The SEC’s instruction followed the latest developments within IFEC organization, namely the resolution of IFEC Extraordinary Shareholders’ Meeting No. 1/2561, appointing new directors to fill in the vacancies, the company’s registration of the replacing directors with the registrar at the Department of Business Promotion, the Ministry of Commerce, the registrar’s acceptance of the registration of the six new directors on 8 March 2019, causing the IFEC Board to fully comprise 8 directors,and the...
Preparation and Disclosure of Financial Statements of Derivatives Business Operators
Re: Preparation and Disclosure of Financial Statements of Derivatives Exchange and Derivatives Clearing House
Rules, Conditions and Procedures for Filing of Annual Financial Statements and Preparation of Reports of the Stock Exchange of Thailand
participate in the oversight of the financial reporting preparation and disclose more useful and relevant information to investors; investors should be more equipped to analyze financial reporting and use the
, resulting in fewer deficiencies detected. There are, however, other areas in which further improvements are warranted such as audit planning and risk assessments, audit procedures in response to fraud risk