Bangkok, April 2, 2013 ? The SEC allows existing mutual funds to offer multiple classes of investment units to investors and allows classification of investment units by currency. SEC Secretary
Bangkok, October 13, 2014 ? The SEC allows allotment of newly issued shares in an IPO to related persons of issuing companies up to 25 per cent of total number of shares offered. For offering of
Bangkok, February 6, 2012 ? The SEC Board has approved a draft revision to the regulation governing investment advisory business to allow foreign credit rating agencies (CRA) to disseminate voluntary rating reports to the local public. The voluntary rating means more regional scale rating information, which would contribute to the Thai capital market policy to promote foreign investment for risk diversification and the increasing cross-border offering of debt securities among ASEAN markets. More...
Earlier, the SEC notified NRF to cooperate with the auditor by providing information for reviewing its interim financial statements for the third quarter of 2024 and to rectify such interim financial statements. NRF must submit to the SEC and publicly disclose the rectified and reviewed interim financial statements via the SETLink Electronic System by 20 January 2025. The auditor expressed qualified opinions on NRF’s interim financial statements for the third quarter of 2024 because the auditor...
Earlier, the SEC had an observation on the reasonableness and appropriateness of the assumptions used in calculating the recoverable amount for considering the impairment loss of assets as related to Cannabiz way Co., Ltd and CBD Bioscience Co., Ltd., which would impact EE’s consolidated financial statements and the separate financial statements. Therefore, the SEC notified EE to rectify the financial statements for the year 2023 and the third quarter of 2024 and subsequently submit the r...
SEC Secretary-General Ruenvadee Suwanmongkol announced that SEC has issued a measure allowing asset management companies to borrow money or enter into a repurchase transaction agreement to better manage liquidity of fixed income funds and mixed funds that invest at least 60 percent of the net asset value in debt securities. The limit for such transactions is increased from 10 percent to 30 percent of the NAV at daily closing. This liquidity boosting option is valid until 30 April 2020, as...
Pursuant to the amended regulatory sandbox regulations, which will take effect on 16 August 2020, more types of businesses are eligible to participate in a regulatory sandbox, covering all activities in the capital market from pre-trading to post-trading. Thus, business operators possessing useful innovations for investors will have the opportunity to participate in a regulatory sandbox in a real-life environment with real customers while complying with the regulations and conditions suit...
Nowadays, asset management companies are required to separate investors’ asset from the companies’ ones and introduce measures to protect investors’ assets for other benefits. Asset management companies also appoint custodians approved by SEC to safely keep the assets of investors.However, SEC intends to amend the regulations to give permission for asset management companies with a custodian services to protect investors’ asset and stringent supervision on asset separation to keep private...