Bangkok, March 31, 2015 ?The SEC opened ?SEC Capital Market Knowledge Center,? with interactive multimedia to provide a comprehensive source of financial and investment information along with overview of fund mobilization and capital market mechanism for business enterprise and the public. Vorapol Socatiyanurak, SEC Secretary-General said that as a capital market regulator, the SEC has compiled comprehensive knowledge and information on the Thai capital market from the early stage of development...
Bangkok, 6 February 2018 ? The SEC has announced the SEC Scholarship Program for the public. The scholarship recipient can pursue a master's degree overseas in any capital market-related field and become a part of the SEC Team supporting the strategic development of the Thai capital market. Special consideration will be given to applicants planning to pursue studies in Data Analytics, Financial Technology or Behavioral Finance at Top 100 universities according to the QS World University Ranking...
Both existing businesses that already operate a digital business before the legal enforcement or newcomers who are interested in obtaining licenses as trading centers, brokerage firms or traders for digital assets can apply for official licenses at SEC from now on. The standardized work systems, good risk management and well-prepared personnel will be emphasized.SEC Secretary-General Rapee Sucharitkul said “SEC is now opening for applications for operating digital asset businesses as Min...
SEC has planned to adopt the DLT or other digital technologies into digital infrastructure of Thai Capital Market. The DLT automatically distributes information to every party in the network in case of movement or changes in transactions. This significantly decrease the time of each process because each activity in the Capital Market has complicated process and steps regarding document management, such as, the issuance and offering of securities, the Know Your Client process, the securiti...
According to a referral from the Stock Exchange of Thailand (SET) and SEC’s further investigation, it was found that during December 2017 – February 2018, Chantip, by virtue of her position as director of UVAN, knew inside information about the significant increase of company’s profits in the fourth quarter of 2017. She, then, bought UVAN shares during 27 December 2017 - 22 February 2018 in the total amount of 1,286,700 shares using securities trading accounts of Amornrat and Walailuk bef...
According to a referral from the Stock Exchange of Thailand (SET) and the SEC’s further investigation, it was found that during 4 - 22 December 2014, 13 persons colluded to manipulate the price of KIAT share to be inconsistent with the normal market condition, causing the price of KIAT share to rise from 7.75 baht to 15.60 baht. The 13 offenders are (1) Mr. Kiatichai Monsereenusorn, (2) Mr. Nam Cholsaipan, (3) Mr. Suppawut Maneerin, (4) Miss Sani Jiewjinda, (5) Mr. Yos Thanarakchoke, (6) Mrs. N...
According to referral from the Stock Exchange of Thailand (SET) and SEC’s further investigation, it was found that during January - February 2017 Apichart Sukjirawat, Assistant Managing Director in charge of Accounting and Finance of ICHI, knew the inside information related to ICHI's financial statement year 2016, which would show a decline in the net earnings resulting from net operating loss in the fourth quarter of 2016. Apichart then sold 3,529,800 ICHI shares in his account during 1...
SEC Secretary-General Ruenvadee Suwanmongkol said “after the royal decree on digital asset businesses, B.E. 2561 came into force since 14 May 2018, it has attracted much interest from the public, particularly new-gen groups, for digital asset and fund raising businesses operation such as issuance of digital tokens or ICOs.As such, “SEC finds it necessary to enhance knowledge and understanding concerning related laws and regulations of the target groups via the SEC clinic to give advice on...
SEC has held a public hearing regarding the notification of “digital asset advisory service” and “digital asset fund managers” as new digital asset businesses during 8 July 2019 – 20 August 2019. This time, SEC establishes the regulations concerning related businesses for applicants requesting operating licenses. Such businesses include standards for operating businesses and work systems. Determining transactions waived from the definitions of being digital asset advisers and digital asset fund...
Chief Information Officer (CIO) who is responsible for digital technology and efficiency. SEC also initiates a project to develop a digital infrastructure for capital market that incorporates new