Bangkok, December 1, 2009 ? The first SEC hosted meeting among the Stock Exchange of Thailand, the Association of Securities Companies (ASCO), and the representatives from marketing executives of brokerage firms held today reaffirmed the industry?s commitment to improving service quality for the best interest of the investing public and the development of capital market as a whole. The three-party meeting reached the following conclusions:  1.  The SEC re-emphasized that the mutual goal of all p...

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...

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, 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...

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

Bangkok, August 17, 2012 - The SEC imposed administrative sanction on seven investment consultants for their failure to record clients' securities or derivatives trading orders by suspending one employee of Ausiris Futures Co., Ltd. {A} and four employees of KGI Securities (Thailand) PLC {B}, {C}, {D}, and {E}, effectively from August 17, 2012, as well as revealing inappropriate actions of {F} and {G}. The SEC found from the routine inspection that {A} frequently failed to record her clients' de...

Bangkok, January 22, 2014 ?  Following the acquisition of control over Electronics Industry Public Company Limited (EIC) by Bee Taechaubol and Thai Prime Co.Ltd.,  where the tender offer for all EIC shares has been launched at 1.25 baht per share, Bee has been found purchasing 1,017,500 EIC shares through the Stock Exchange of Thailand (SET) at 3.50 baht a share.  The tender offer will be closed on January 27, 2014.As the purchase price is higher than the tender offer price, it caused unfair tre...

In pursuant to the Royal Decree on Digital Asset Businesses, B.E. 2561, which took effect on 14 May 2018, allows existing digital asset business operators who submit their requests to SEC within 90 days (within 14 August 2018) to continue their businesses until an order to cease their businesses is given.As of 14 August 2018, these seven existing businesses seeking operating licenses, in line with the transitional provisions, are allowed to operate their digital asset businesses.Five of th...