or falsifying documents. SEC has therefore issued regulations specifying suspicious circumstances and the procedure for obtaining facts relating to such circumstances to be in accordance with the

Bangkok, 2 April 2020 – SEC is seeking public comments on the proposed regulations concerning the definitions of “executive” and “business in the group” under the Digital Asset Businesses Law to be in line with the definitions of the terms prescribed in the Securities Law. The proposed regulations aim to better clarify the terms, prevent unfair trading practices related to digital assets and securities, and enhance investors’ confidence.  According to the proposed regulations, the terms,...

Pursuant to Section 89/25 of the SEA, the auditor has the duty to report suspicious circumstances that were found from the audit in accordance with the auditing standards. SEC therefore proposes the principle  and the draft regulation which would require the auditor to report to the Audit Committee of securities company** or the Audit Committee of listed company any suspicious circumstance that indicates that a director, manager or the person responsible for the operation of a juristic per...

enroll employees in the provident fund, providing the default portfolio for a member who does not make a selection, and specifying the details of accounting and recording of fund incomes and expenses; 3

sequestered or removed from the atmosphere and stored, preventing its harmful global warming effect. Carbon-related assets: In the updated TCFD Annex, the TCFD suggest defining carbon-related assets as those

The SPV Act grants the SEC Board the power to issue subordinate regulations regarding the criteria for defining future receivables as well as regulations regarding the criteria, conditions, and

technology;  (2) Defining clear roles, responsibilities, and involvement of the board of directors, including the governance body, to ensure secure, effective, and efficient IT practices and usage in the

)  Digital asset created with the objective of specifying the right for the holder to control the concealment of information on the transferor, the transferee or the transfer volume. 

changes.  The SEC has issued a notification specifying the exemption pursuant to the aforementioned principles and prescribing relevant criteria. The notification has been published in the Royal Gazette and