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
principle of widespread distribution to general subscribers without specific allocation to any particular individual (cherry picking), and must not be an arbitrage in evasion of regulatory compliance
, specific areas of focus will include green bonds, the fintech ecosystem, e-Know Your Customer, and cybersecurity. Speaking at the signing ceremony, Ms. Ruenvadee Suwanmongkol, SEC Secretary General said
foreign companies must be substantially comparable to Thai law, in particular, the material issues such as shareholder rights. In case of DRs, the permissible issues must satisfy that the DR underlying
, the SEC urged short-term debt issuers to secure a reserve fund to prevent liquidity issues. In this particular case, the company must clarify information to investors to prevent damage to the overall
Thailand with a particular focus on the cutting edge of finance: FinTech and sustainability.”Note to EditorsThe previous MoU was signed on 1 September 2020. More details can be found here: MoU on Financial
expedite the investigation of this particular case. The task force has already conducted interviews with over 400 victims and collaborated with the SEC in verifying relevant information to support
funding portal operation and suitability test in order to mitigate fraud risks and ensure that investors will be informed of risks associated with investment in SMEs, in particular startups, and liquidity
dishonest persons, money laundering and exploitation of digital assets to facilitate illegal financial transactions, while ensuring precise supervision to facilitate honest use of digital assets as a
in any particular case. If an offender fails to pay a civil penalty, in full or in part despite already agreed upon, or refuses to comply with a civil sanction, the SEC may seek the Civil Court's