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
SEC is opening for public comments on the regulations to supervise private funds as now business operators have developed a variety of services to satisfy customers. Therefore, SEC intends to
SEC is opening for public comments on the regulations to supervise private funds as the business operators have developed a variety of services to satisfy customers. Therefore, SEC intends to
coordinate with the Ministry of Finance on tax privilege for PE trust investors,? Vorapol said.
SEC Secretary-General Ruenvadee Suwanmongkol said: “The SEC has the duty to supervise and develop the Thai capital market. One of our key responsibilities is to help increase businesses’ access to
other laws outside the SEC’s jurisdiction, the SEC will coordinate with relevant authorities to take an appropriate action.The SEC urges the public and investors to exercise caution when using services of
opinion on the improvement of the regulations in order that the revised regulations will be appropriate for actual use. In addition, SEC will coordinate with business operators to expand the investor
will coordinate with related agencies for further proceeding.
specified by the SEC, and a local representative must be appointed to coordinate in the matter of disclosure and delivery of information to Thai investors as well as handling possible disputes. HK-TH MRF is a
requirements applicable to them. Under the proposed revision, for example, the operators will have to provide unprejudiced advice, supervise the approved contact person giving advice through any media or