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
Appeal Court rendered a judgement* amending the Civil Court’s judgement, by requiring the defendant to pay (1) a civil penalty, twice the amount of the benefits that the defendant received or would have
. Por. 5964/2562. On 22 December 2020, the Appeal Court rendered the judgement,* opposing the Civil Court’s decision. In this regard, the defendant is required to pay civil penalty twice the amount of
until the payment is fully completed, and Ekkamon to pay 333,333.33 baht. Both monetary penalties shall be submitted as state revenue. On 26 May 2020, the Court of Appeal confirmed the judgment of the
attractiveness and recognition of ASEAN as an asset class among investors both onshore and offshore. In addition, with the CG ranking, investors will be able to make better investment decision. The SEC really
cooperative framework to enhance the Thai market?s attractiveness and competitive edge. On debt securities, foreign issuers will be allowed to issue sukuks in Thailand. Moreover, appointment of single bond
, the current Chair of ACMF. The Framework, an initiative under the ACMF Implementation Plan endorsed by the ASEAN Finance Ministers, enhances ASEAN?s attractiveness as a fund-raising centre. Under the
global markets. As such, alternatives for both fundraisers and investors will be widened which will not only foster the growth and attractiveness of Thai capital market, but will also back fund raising and
, and legal enforcement function. In addition, more efforts will be made to ensure that the Thai capital market standards are at international level, enhance product attractiveness, and eliminate