Earlier, the SEC conducted a public hearing on the principles for revising the rules on the maintenance of net capital adequacy for business operators in the part related to the use of subordinated
March this year.The key changes to the rules include: - To re-define the term, ?patron? as any person who makes contribution to the issuer clearly and continuously, or any person who has a potential to
), which could subsequently cause irregular trading after the securities listing. The proposed key changes concerning IPO share allocation are: 1. To redefine the term, ?patron? as any person who makes
The move follows SEC hearing at the end of 2018 on the amendment of the regulations on the maintenance of capital of investment management companies that manage property funds and infrastructure
, the rules, which are currently in effect, should be revised with respect to maintenance of NC in case of abnormal increase in transaction volume of the business operator to the effect that the
SEC plans to revise the criteria on the maintenance of the net capital (NC) of securities and derivatives business operator. SEC has, therefore, conducted a public hearing on this matter, in
. Meanwhile, the Stock Exchange of Thailand is in the process of drafting rules on maintenance of listing status whereby appropriate qualifications of CFOs and accountants in line with the overall ecosystem of
, such as notifications regarding handling of complaints or maintenance of capital/financial status.SEC welcomes and will take into consideration more public comments which may be related to
Statements; (4) Specify that the SET shall issue additional rules on status maintenance of listed companies on the SET and the mai whereby their business operation shall not have the characteristics of
company’s compliance with the terms and conditions regarding the maintenance of the debt-to-equity ratio at the end of the quarter or at the end of the fiscal year without being deemed a cause of default