Bangkok, 13 September 2016 - The SEC has imposed a two-year suspension of approval on {A}, Executive Chairman of {X1} Company Limited, for failing to supervise the Know Your Client/Client Due Diligence (KYC/CDD) as well as client activity oversight systems. Additionally, the SEC is in the process of submitting the? case for consideration of the Criminal Fining Committee.During a routine inspection of {X1} Company Limited, the SEC found deficiencies in the company's KYC/CDD system. Also its clien...
, increasingly emphasize the importance of audit quality factor in the selection of auditors. Qualitative information in the firm inspection report is thus very useful for the selection process. In addition, the
In November 2019, SEC engaged the Thailand Development Research Institute (TDRI) to conduct a study on laws pertaining to the supervision of audit firms and auditors in foreign capital markets for supporting amendment of the Securities and Exchange Act B.E. 2535 (Securities and Exchange Act) to allow more effective and efficient supervision of audit firms and auditors in Thai capital market.SEC Secretary-General Ruenvadee Suwanmongkol said: “This is the first time SEC contracts an independ...
national sustainabilityIndividuals in the picture (left to right):1. Dr. Kobsak Pootrakool, FETCO Chairman 2. Mrs. Chavinda Hanratanakool, AIMC Chairperson 3. Mrs. Pornanong Budsaratragoon, SEC Secretary
picture (from left to right):1. Ms. Panadda Tirawattanapong, SEC Senior officer of Corporate Finance Department - Equity 12 Ms. Duangkamol Ruengchinda, SEC Assistant Director of Corporate Finance
collaboration in case further clarifications or investigations are required. The meeting was held on 24 January 2024 at the DSI Building. In the picture (from left to right):1. Ms. Pattanaporn Tripipat, SEC
would show a bigger picture of their contribution, in terms of work time, productivity and otherwise, to their respective work, and whether their multiple employments are likely to raise competition or