Bangkok, 31 August 2017 ? The SEC is seeking public comments on the draft rules concerning determination of paid-up registered capital of securities and derivatives intermediaries to better suit their respective types of risks and facilitate development of different types of securities businesses. Pursuant to the current rules, the paid-up registered capital of securities companies and derivatives business operators is determined by the types of license packages, each permitting a scope of vario...
for every case even though it will be offered via private placement. For example, the normal regulations will be obstacles in the process of pre-ICO and private sale.Therefore, SEC intends to relax
electronic format. In addition, the CMSB has resolved to relax the following requirements for business operations in 2020 to mitigate the impact of COVID-19, namely,(1) The asset due diligence, (2) the
plant infrastructure funds to use the capital market to raise funds as the industry is important to national development. The move will bring the regulations into alignment with the government’s
SEC Secretary-General Ruenvadee Suwanmongkol said: “The SEC has issued regulations supporting fundraising in the capital market for emerging businesses such as SMEs and startups. Effective since 16 January 2022, the regulations allow relaxation and prevent excessive burdens by, for example, waiving the application filing and the appointment of financial advisor, and allow initial public offering (IPO), share listing and trading in a new secondary market, LiVe Exchange.” In this regard, the SEC...
Bangkok, May 15, 2014 ? The SEC in cooperation with audit regulators in ASEAN countries host the ASEAN Audit Regulators Group (AARG) Meeting on May 15-16, 2014 in Bangkok. Auditors from the world?s renowned international audit firms are invited to share their views and experience concerning current regulatory and oversight issues, challenges and impediments as well as directions of international accounting and auditing standards. The event aims to promote audit regulator and audit firm cooperati...
At present, money market funds are used by investors as a tool to manage liquidity and a place to park money for a short time, besides keeping it in banking accounts. As of February 2018, the size of money market funds was 240 billion baht, or 3% of savings deposit. In the future the Deposit Protection Agency would reduce the maximum insured amount of bank deposit to only 1 million baht. Hence, money market funds are likely to grow in size and emerge as an alternative for people looking for the...
SEC is holding a public hearing on the proposed amendments to the regulations governing REIT indirect investment. According to the current regulations relating to issuance and offer for sale regarding units of REIT, if indirect investment in real estate is made through shareholding of other companies, REIT must hold not less than 99% of the total sold shares and of the total voting shares in that company. This is to ensure that REIT receives full benefits from invested assets and that REI...