The SEC Board’s approval of the principles for supervising additional digital asset businesses would not only benefit securities companies that have recently showed their growing interest in offering digital asset advisory service and/or acting as digital asset fund manager to provide alternative investment choices for investors, but also support careful monitoring of persons giving advisory service and soliciting the public to invest in digital assets, which may be liable to fraud and ca...
1. The SEC Board has approved in principle the issuance of the Notification of the Securities and Exchange Commission regarding Exemption of Fees for Filing the Applications for Offering for Sale of Green Bond, Social Bond and Sustainability Bond. Currently, an issuer of such bonds is required to pay the filing fee of 10,000 baht or 30,000 baht depending on the product type. The exemption shall apply as from the effective date of the Notification until 31 May 2020. In any case...
before making decisions to invest in initial public offerings (IPO). SEC Deputy Secretary-General Prakid Punyashthiti said: ?Investors should study the information of any financial instument of their
assignment to make investment decisions for the investor.Following a client complaint, the SEC made further investigation and found that during September 2017 - February 2018, {A}, then working for Asia Wealth
Bangkok, 20 October 2016 - The SEC has suspended the approval as capital market investment consultant of {A} for 18 months for seeking benefits and making investment decisions for clients. She
consideration that {A} failed to perform his duties responsibly with professional due care when he accepted the investor’s assignment to make trading decisions for the investor. Consequently, {A} was deemed to
SEC has amended the procedure to make it easier for asset management companies to seek a unitholders’ resolution to revise or modify a mutual fund project and its management procedure by organizing a unitholders’ meeting or through a letter seeking the unitholders’ resolution. As an alternative, asset management companies are allowed to seek a unitholders’ resolution if the unitholders attending the meeting or replying the letter hold at least 33% of the total investment units, and the num...
In accordance with SEC Strategic Plan 2020-2022 by which, one of the goals of SEC is to ensure the competitiveness of business operators in the capital market. At the Capital Market Supervisory Board’s Meeting No. 3/2563 held on 3 March 2020 chaired by SEC Secretary-General Ruenvadee Suwanmongkol, the Meeting has considered the guidelines for enhancing the securities companies’ capability and resolved to approve the generation of alternative income channels and the reduction of expenses a...
and REITs and the submission of financial statements and the auditor’s reports on PVDs amid the spread of COVID-19. The meeting has passed the following resolutions: 1. Exemption for the holding of
misconduct above – taking the investor’s assignment to make decisions on trading of securities and derivatives and fabricating that certain derivatives trading orders were sent by the investor – was deemed