Bangkok, August 17, 2011- Chalee Chantanayingyong, Acting SEC Secretary-General and Chairman of the Capital Market Supervisory Board (CMSB) revealed that the CMSB approved to relax regulations to support industry business operation, remove obstacles and clarify certain governing regulations. The revisions to become effective in September include:1. Licensed derivatives dealer will be allowed to enter into derivatives contract with non-institutional counterparty, providing that the derivatives mu...
appoint it to act as securities broker. For the purpose of fairness to the parties, the SEC may specify any particulars which are material to the agreement.
progresses in the areas of market supervision and development, such as quality enhancement of IPO issuers and listed companies, legal enforcement in various cases, and improved transparency and fairness in
eliminating obstacles for issuing companies while maintaining proper protection and fairness in allotment of securities for investors. Also, rules on prevention of conflict of interest arising from securities
on the Thai market were discussed, and regulatory relaxation regarding tender offers was proposed to support share buyback (treasury stock) programs as a means to encourage securities trading
, to be consistent with the rules applied to local issuers, foreign issuers are still subject to ongoing after-sale disclosure requirements, with certain relaxation on the documents required. The hearing
operations or to material information access, and submit the letter requesting a relaxation to SEC by 14 May 2020. For the companies that have already been granted relaxation on submission of financial
market efficiency, fairness, transparency, and accountability by focusing on market confidence, reduction of systemic risk, and investor protection. Focuses of each area are as follows: Equity