SEC had proposed, in principle, to amend the definition of major shareholder of the securities companies which at present is determined based on the “number of voting shares” to the “number of
underpin sound eco- nomic growth and help reduce risks. Topics the Roundtable will examine in the future include: board nomination and election, shareholder engagement, and effective enforcement to encourage
Securities Company Granted an Exemption from Application for Approval of Person to be Major Shareholder
conflicts of interest; (c) not be parents, spouses, brothers, sisters, children and children of spouses, either by blood or by law, of the executive, major shareholder, controlling person or candidate for the
law, of the executive, major shareholder, controlling person or the candidate for the position of director, executive or controlling person of the securities company or its subsidiary; (d) not have a
, either by blood or by law, of the director, executive, major shareholder, controlling person or the candidate for the position of director, executive or controlling person of the derivatives business
. II) The rights and equitable treatment of shareholders and key ownership functions; The chapter identifies basic shareholder rights, including the right to information and participation through the
. In response to such change, the SEC closely monitors mega trends in international markets and aims to ensure the Thai capital market regulatory framework does not impede new developments. Equity