In the past, SEC had been approving securities business operators to assign outsourcing in other operations related to businesses for the effectiveness and flexibility of the operation. Business providers are still responsible for any actions operated by the outsourced company while the outsourced company must also have the readiness in both personnel and the operating system, and such operation must be under appropriate supervision.SEC is revising the regulations regarding supervision of...
The Securities and Exchange Commission (SEC), led by Secretary-General Pornanong Budsaratragoon, along with SEC executives, held a joint meeting with the Custodian Club, led by President Utumporn Viranuvatti, and club members, to discuss strategies for elevating the efficiency in the standards of post-trade services of investment management companies. Both parties also exchanged views on the roles of custodians under draft amendments to the Provident Fund (PVD) Act and within the securities trad...
’ sustainability disclosures through the 56-1 One Report and outlined future plans to elevate ESG reporting standards to align with international standards. These efforts aim to strengthen the competitiveness of
investor contact for a period of two years as from May 15, 2006 to May 14, 2008. To interfere with clients? assets with or without authorization is illegal. The SEC shall take stringent actions against
supporting the efforts to elevate the quality and governance of listed companies, including those undergoing backdoor listings and resuming trades. During the event, Mr. Paiboon Damrongwaree and Ms. Areerawan
services to protect investors’ asset and stringent supervision on asset separation to keep private funds safe without asking for the approval of being custodian again. Such move will improve flexibility
market funds are likely to grow in size and emerge as an alternative for people looking for the place to park their cash.However, money market funds are currently subject to more stringent rules than other
from self-regulatory system under professional body to more stringent regulatory system under independent regulatory body. Inevitably, supervision on auditor in Thai capital market must be developed in
their independent directors more stringent than the minimum requirements of the SEC and the Stock Exchange of Thailand. In this regard, the SEC introduced to them the internationally recognized best