Bangkok, May 12, 2014 - The SEC disclosed an inappropriate behavior to the general public and suspend approval of {A}, a former securities investment consultant of UOB Kay Hian Securities (Thailand) Plc., for not recording the securities trading orders and inappropriate submission of trading order form (F8). From a routine inspection of UOB Kay Hian Securities (Thailand) Plc, the SEC found that {A} did not record a number of client's securities trading orders. Certain records found in the course...
Bangkok, October 9, 2014 - The SEC disclosed inappropriate behavior and suspended four securities investment consultants, then employees of Globlex Securities Company Limited, namely {A}, {B}, and {C} and a capital market investment consultant, namely {D}.Following the report and further probed into the case by Globlex Securities Company Limited, it was found during the first investigation that {A} and {B}, two securities investment consultants, and {D}, a capital market investment consultant, f...
Bangkok, March 24, 2015 - The SEC disclosed an inappropriate behavior and imposed a suspension on {A}, a former employee of KGI (Thailand) Securities Plc., for failure to completely record client?s trading orders, trading securities on behalf of client and making trading decisions for benefit of client without the client?s orders.Following a complaint against {A} lodged by a client of KGI Securities (Thailand) Plc, the SEC probed into the case and found that {A} had traded the securities on the...
SEC Secretary-General Rapee Sucharitakul said “As of the 2nd quarter of the year 2018, the PVD had been continuously growing, as the number of employers had increased by 788 to a total of 17,866 employers, the number of PVD members had increased by 75,992 to a total of 3,015,729 employers, which can be calculated as an increase of 4.61 percent and 2.85 percent respectively. Furthermore, the net asset value has now reached a total of 1,100,686 million Thai baht, an 8 percent increase in co...
Bangkok, April 10, 2015 - The SEC summarized the development and supervision on the capital market from late 2011 to early 2015 with achievements in lifting up the Thai capital market to match the international standards, enhancing trustworthiness with up-to-date supervisory and preventive measures, promoting the capital market to become the fundraising channel for all businesses and important investment destination of the region. Vorapol Socatiyanurak, SEC Secretary-General said that ?During Oc...
Bangkok, March 25, 2014 ? SEC Secretary-General Vorapol Socatiyanurak emphasized importance of listed companies? Annual General Meeting of Shareholders (AGM), an event set up every year during March?April. AGM serves as a venue of shareholders to exercise their rights to vote and ask for clarification in management related issues from companies? directors, executives and auditor. Vorapol said that ?the SEC introduces ?Guidelines for shareholders? meeting?, a handbook written to provide guideline...
Bangkok, April 10, 2015 - The SEC summarized the development and supervision on the capital market from late 2011 to early 2015 with achievements in lifting up the Thai capital market to match the international standards, enhancing trustworthiness with up-to-date supervisory and preventive measures, promoting the capital market to become the fundraising channel for all businesses and important investment destination of the region. Vorapol Socatiyanurak, SEC Secretary-General said that ?During...
The proposed guidelines have received public comments from several channels spanning from website, social media to focus groups.The to-be-issued rules will provide regulatory clarity for ICO issuers, related intermediaries and those who transact with digital assets, and lessen chance for people on deception or be at disadvantages as well as allow the public sector to have tools to monitor and deter money laundering.ICO issuers must be a company established under Thai law, with a clear bus...
Bangkok, January 21, 2013 ? The SEC participated in the International Forum of Independent Audit Regulators (IFIAR)?s global survey with a view to making further progress in improving audit quality in Thailand to the highest level in line with international standards. IFAIR conducted this survey for the first time with the objective to identify the level of inspection activity and common inspection findings related to the audits of public companies around the world. The findings in the audits o...
Bangkok, August 16, 2012 ? The SEC reveals that provident funds offering employee?s choice continually increased in Q2/2012. The record showed an increase of 176 employers offering employee?s choice