Earlier, the Civil Sanction Committee resolved to impose civil sanctions on {A} for obstructing and not cooperating with other IFEC directors to set up board of directors meetings and a shareholders meeting to appoint new directors to fill vacancies, while serving as IFEC director and chief executive officer. In addition, the SEC investigation found that {A} disobeyed the board of directors’ instruction and refused to facilitate a meeting venue for the board of directors’ meeting. Such mis...
to bring the case against all offenders for the Civil Court to impose the highest civil sanction allowed by law in the form of civil penalty at the total amount of 2,303,065,651.33 million baht.The
Mr. Jessada Sookdhis, President of Thai Fintech Association, said “Thai Fintech Association is very pleased to work with SEC in the project “SEC FinTech Challenge” to strengthen new fintech startups. We would like to invite startups or interested persons to propose ideas, concepts or projects related to fintech to the contest. Or if anyone is seeking a topic, Thai Fintech Association has contacted universities and business operators who support the project and they can present solutions t...
According to the information from the Stock Exchange of Thailand (SET) and SEC’s further investigation, it was found that from 25 July to 9 August 2017 (a total of 11 business days) Surin had been continuously trading PICO’s shares in his four securities trading accounts, that is, he submitted trading orders in a manner to drive up the share price by submitting a large number of trading orders. As a result, the price and trading volume of PICO’s shares were not in a normal market conditio...
The SEC Civil Sanction Committee (CSC) had earlier resolved to impose civil sanctions on all four offenders of this case, among which only two agreed to comply with the specified civil sanctions. However, the other two, namely, (1) LLC Fair Expo company and (2) Mr. Mikalai Zahorski, who are subject to a total monetary civil sanction of 6,005,620 baht (a civil penalty and a reimbursement of investigative expenses incurred by the SEC), refused to comply with the specified civil sanctions, which wa...
The Securities and Exchange Commission (SEC), led by the Capital Market Education Department, along with SEC Ambassadors and the National Saving Fund (NSF), delivered a lecture on financial literacy to 350 participating faculty members and staff of Loei Rajabhat University. Titled "Happy Money: Financial Planning from University of Happiness to University of Well-being," the lecture aimed to enhance the understanding of financial planning, saving, and investing under the Principle of Three Knows...
(23 August 2024) Lecture for local administrative organization executives, bank and specialized financial institution managers, staff, clients, cooperatives, and entrepreneurs in Sukhothai Province.The Securities and Exchange Commission (SEC), represented by the Capital Market Education Department, collaborated with the Fiscal Policy Office (FPO), the Deposit Protection Agency (DPA), and the Bank of Thailand (BOT) to organize financial lectures on “Deposit Protection and Financial Consumer Prote...
The Securities and Exchange Commission (SEC), represented by Ms. Sarica Apiwatthakakul, Director of the Capital Market Education Department, in collaboration with representatives from the Fiscal Policy Office (FPO), the Bank of Thailand (BOT), and the Deposit Protection Agency (DPA), delivered lectures on finance, investment, deposit protection, and raised awareness against investment scams to approximately 100 government officials, local administrative organizations, and the public in Roi...
Thailand (BOT) to deliver financial and investment lectures aimed at enhancing public understanding of deposit protection, financial risks awareness, and comprehensive financial planning. The lectures
capital that reflects risks associated with custody of clients’ assets and helps bring good risk management. Net capital (NC) requirement will be applied for the digital asset businesses. Such digital