Bangkok, November 19, 2014 - The SEC organized ?5th SEC Working Papers Forum?, presented two research papers addressing ?Behavioral Finance and Regulations Who won and Who lost?? The studies found that rationale is not the only factor influencing investment decision making while the regulator should put in place proper regulations to protect investors and provide appropriate investment alternatives.Dr. Vorapol Socatiyanurak, SEC Secretary-General said that the 5th SEC Working Papers Forum, organ...
Prior to the on-site inspection, the SEC communicated concerns with the venue owner and the event organizer, resulting in suspension of seven exhibitors’ activities. Today, during the inspection, 16 more exhibitors were found to be engaging in securities, derivatives and digital asset businesses without proper license. The SEC therefore notified the event organizer to close the booths and suspend the activities of the 16 exhibitors, which may constitute a legal violation, and gathered more evide...
agencies to block social media accounts engaged in fraudulent investment activities. “The SEC examines the customer identity verification (KYC/CDD) systems of digital asset business operators regularly
examines operation of securities company. Investors can count on securities companies as they comply with ethical business conducts with a view to building Thai capital market as a truly effective
SEC Secretary-General Ruenvadee Suwanmongkol said: “The SEC gives priority to the audit quality control system of audit firms in the capital market, and regularly inspects and issues inspection
work for audit firms having quality assurance system in compliance with professional standards, the SEC regularly inspects the firm?s audit quality to uphold market fairness, ensure proper investor
the SEC Office in Bangkok. The workshops provided a platform for regulators across ASEAN to exchange knowledge, experiences, and challenges on audit quality oversight and financial reporting reviews
through the ORAP system, which has recently been updated. The extended submission period will take effect, starting from the 2024 renewal cycle onwards. Generally, the SEC reviews each application
remediation plan to prevent recurrence of similar incidents. In any case, the detected deficiencies will be considered in detail when the SEC reviews KPMG’s audit quality control system
reviews and revisions in going forward. In this connection, related supervisory policies and measures were endorsed by both parties. “This collaborative meeting is a good opportunity for reinforcing