Bangkok, September 14, 2007 ? The SEC ordered Power Line Engineering Public Company Limited (PLE) to amend its consolidated financial statements for the first and second quarters of 2007. The
undue burden to the business. SEC, therefore, proposes to amend the regulations by requiring the business operators to submit the report in electronic form instead of paper in order to reduce burden on
a result, NUSA was required to amend its financial statements to ensure disclosure of accurate information. However, it has been found that the annual financial statements for the year 2023 and the
Bangkok, September 19, 2011- The SEC proposed amendment to the Securities and Exchange Act B.E. 2535 (SEA) regarding provisions against unfair securities trading practices and supporting capital market linkages in consistence with Capital Market Development Master Plan. Summarized proposals to revise provisions against unfair securities trading practices are as follows: 1) Insider trading: elements of crime will be revised to be more concise and comprehensible as well as extended to cover non-in...
Bangkok, March 5, 2012 ? The SEC board is proposing to amend the Provident Fund Act of 1987 in the following areas:(1) Employee will be able to pay savings into the fund at the rate higher than
In October 2024, the SEC conducted a hearing to gather comments from the public and stakeholders on the draft amendments to the IT Regulation and Guideline. Feedback and suggestions from stakeholders were incorporated into the finalization process. The SEC has issued notifications specifying the amendments with the key points as follows: (1) To adjust the frequency of submitting IT audit reports to be more appropriate for the risk level of small business operators and low-risk op...
The Securities and Exchange Commission (SEC) organized the Compliance Relations 2024 Event with asset management companies and limited brokers, dealers and underwriters (LBDU), including banks, insurance companies and investment unit brokers. Under the theme, "Together Towards Tomorrow," the event aimed to foster stronger relationships, exchange experiences, and share knowledge on regulatory guidelines in the investment management industry. This initiative seeks to enhance collaboration, benefit...
The Securities and Exchange Commission, led by Secretary-General Pornanong Budsaratragoon and the management team, held a meeting with the Thai Investors Association (TIA), led by President Mr.Yingyong Nilasena, directors and advisors, together with members of the Shareholders’ Proxy Volunteer Club, to discuss collaboration in developing and enhancing the protection of shareholders’ and investors’ rights in alignment with the changing capital market ecosystem. The discussion included st...
Bangkok, February 1, 2013 ? The SEC, in cooperation with the Association of Thai Securities Companies (ASCO), has urged securities companies to strengthen their Know-Your-Customer/Customer Due