emphasized active engagement of all sectors to make sure that the capital market will continue to serve the country’s important demands. This is the first time that an SEC strategic plan has given a

Earlier, Mr. Suphanan acting on behalf of IFEC sent a letter requesting the DBD to reveiw its order denying the registration of Mr. Wiphu Maharakkhaka and Mr. Manusak Deawwanich on IFEC directors’ list and then may exercise the right to appeal such DBD’s decision.According to Section 42 of the Administrative Procedure Act B.E. 2539 (1996), an administrative order shall be effective since the person concerned is notified and shall remain in effect until it is revoked or invalid for other re...

Bangkok, August 9, 2012 ? The SEC defines trust as securities issuer under the Securities and Exchange Act of 1992 in order to form clearer scope of duties and responsibilities of trust, trustee and other parties related to the transaction. When applying to Real Estate Investment Trusts (REITs), the regulations will make clear that REIT manager is responsible for disclosure of information on REITs? financial status and operational result.? Besides, the SEC allows type 1 property fund to borrow f...

Bangkok, February 1, 2013 ? According to the news coverage, the Department of Special Investigation (DSI) on January 2, 2013 announced that the Special Investigation Working Team resolved to press charges against officials of the Bangkok Metropolitan Administration (BMA) and the two companies - Krungthep Thanakom Co., Ltd. (KT), Bangkok Mass Transit System PLC (BTSC) ? including their executives for involvement in the skytrain contract that they have allegedly operate railway systems or obtainin...

Bangkok, 13 November 2017 ? In response to the Ministry of Finance's request, the SEC is conducting another public hearing on the draft amendment to the Securities and Exchange Act B.E. 2535 (1992) concerning the establishment of the Capital Market Development Fund (CMDF). This second consultation focuses on revising the CMDF's objectives to include necessary financial support for the Stock Exchange of Thailand (SET). The first hearing conducted earlier in the month of June attracted various,...

Bangkok, January 14, 2013 ? The SEC revealed four key strategies, highlighting six initiatives to be launched in 2013. Its strategic direction includes: reaching out in response to the needs of

Earlier, the Civil Sanction Committee (CSC) resolved to impose civil sanctions on six offenders* in the case of manipulating the BM share price, requiring them to make the total payment of 8,001,949 baht (consisting of civil monetary penalties, compensations for the benefits received or would have been received, and the reimbursements of investigative expenses incurred by the SEC) and prohibiting them from trading securities or derivatives for a period of six months or 11 months each (as the cas...

Earlier, the Civil Sanction Committee resolved to impose civil sanctions on Mr. Thanawat, who was IFEC director and executive at the time of the offence. He was ordered to pay a civil fine and return any gains from the wrongdoings.* Mr. Thanawat came in to acknowledge the civil sanctions, but did not consent to comply with the punishment terms within the specified time. The SEC has therefore requested the public prosecutor in writing to file a lawsuit against Mr. Thanawat in the Civil C...

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...

civil sanctions on Surin.  However, he did not agree to comply with civil sanctions determined by the Civil Sanction Committee.  SEC, therefore, requests the public prosecutor in writing to file a