The Office of Securities and Exchange Commission (SEC) appointed ?Director Responsibilities Steering Group? to follow up practices and efficiency of directors of listed companies. This is expected to
Bangkok, March 23, 2011 ? An SEC record of 2010 showed growth in the provident fund (PVD) industry with 1,765 employers offering provident funds with employee?s choice, accounting for 17.7 percent of
established under other laws. The proposed revision includes the exemption of independent director rules for all licensed business operators, under the specified criteria. The qualifications of independent
Bangkok, March 5, 2012 ? The SEC board is proposing to amend the Provident Fund Act of 1987 in the following areas:(1) Employee will be able to pay savings into the fund at the rate higher than
Bangkok, August 25, 2009 ? The SEC imposed a three-year probation on Maris Tarab, in his capacity as the managing director of ING Funds (Thailand) Co., Ltd. and fund manager of T.U. Dome Residential
assign the responsibilities to existing directors who already have the qualifications of independent directors, reduce the total number of board members, or recruit new independent director(s).SEC
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
director? opinion for further consideration on each director ?s performance under the SEA. With respect to this transaction, the SEC closely coordinates with the Stock Exchange of Thailand (SET) in support
regarding director appointments to remove legal restrictions and allow the company to resume business.The critical issues to be considered at the meeting are crutial to the company's ability to resume normal