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, 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...

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...

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...

SEC held the second meeting with the “SME Startup PE VC” working group, set up to promote access to the Thai capital market by small- and medium-sized enterprises, startups, private equity firms, and venture capital firms, on 19 December 2019. Methods for fund mobilization and trading of shares of SMEs and startups on secondary markets were discussed. Conclusions from said discussion are as follows: 1.              SMEs and startups are required to be limited companies or public limited...

Bangkok, June 8, 2012 - The SEC publicly disclosed inappropriate behavior of three investment consultants, namely, {A}, {B}, and {C}, for not taping clients' securities and derivatives trading orders.{A} case was referred from the Stock Exchange of Thailand for the SEC's further investigation while cases of {B} and {C} were detected by the SEC's routine inspection. The SEC found from the probe that they incompletely recorded client's securities or derivatives trading orders due to their receipt...