Bangkok, February 13, 2015 ? The SEC organized the seminar ?Challenges of audit committees in reviewing financial and non-financial information? to provide a venue for discussion and exchange views and experiences among experts to keep up with development of accounting principles having effect on financial information disclosure. Vorapol Socatiyanurak, SEC Secretary-General said that the seminar aimed to support audit committees to perform their roles amidst the development and change of account...
The Securities and Exchange Commission (SEC), in collaboration with the Bank of Thailand (BOT), the Office of Insurance Commission (OIC), and the Thai Bankers’ Association (TBA), organized an annual workshop titled, "Cyber Resilience Leadership: Mission for Embracing the Future of AI & Cybersecurity," to enhance cybersecurity knowledge among executives in the financial industry. This event was held at Swissotel Bangkok Ratchada Hotel on 2 November 2023. The featured activities includ...
Mrs. Pornanong Budsaratragoon, Secretary-General of the Securities and Exchange Commission (SEC), delivered the opening remarks at the Cybersecurity Awareness Webinar on the topic, "Cyber Armor: Navigating the Information Security Landscape" for company directors, executives, personnel of medium and small-sized listed companies, SMEs, and crowdfunding issuers. The webinar aimed to enhance the business sector’s awareness and readiness to handle cyber threats, with guest speakers, i.e., Pol....
SEC Secretary-General Ruenvadee Suwanmongkol, along with SEC Deputy Secretary-General Sirivipa Supantanet, and management team met with H.E. Mr. Sou Socheat, Director General of the Securities and Exchange Commission of Cambodia (SECC), and executives in Phnom Penh, Cambodia, on August 5, 2019.On this occasion, both regulators exchanged views on cooperation and assistance that the SECC and SEC Thailand will provide to each other with regard to cross-border equity offering and depositary re...
SEC is proposing to amend the regulations on unitholding limitations of mutual funds. Proposed amendments include, for example, changing the methods of unitholding calculation and allowing mutual funds to be exempted if asset management companies comply with all obligations, such as widely allocating investment units to the general public, managing liquidity effectively and having measures to prevent mutual funds from being exploited for any other benefit than those which ought to be obta...
SEC is opening for public comments on the regulations to supervise private funds as the business operators have developed a variety of services to satisfy customers. Therefore, SEC intends to amend its rules to be more flexible without high operating costs, and cope with more diverse patterns of business operations. This revision focuses on the principle-based regulations, instead of fixed details, that cover several issues such as personnel readiness, investment management, receiving and...
On 1 September 2020, SEC amended the regulations on the preparation of the annual registration statement (Form 56-1) and annual report (Form 56-2) by consolidating both forms into one called Form 56-1 One Report. Also, the registration statement for securities offering of both Thai and foreign companies has been revised to be in line with Form 56-1 One Report, which is required to be prepared after the issuer has become a listed company. SEC Secretary-General Ruenvadee Suwanmongkol said: “SEC al...
SEC Secretary-General Ruenvadee Suwanmongkol said: “The International Organization of Securities Commissions (IOSCO) has designated the World Investor Week 2019 during 30 September – 6 October to raise the awareness of the importance of educating and protecting investors. The SEC is delighted to join this international campaign because we share the same objective as reflected in our continuing investor education program and our working policy that prioritizes guidelines for protecting investors...
Rapid changes from technological advancements, consumer behavior and greater expectations of investors are causing listed companies to adjust their business strategies by incorporating good governance and corporate social and environmental responsibility as part of the company's business plan. SEC has issued guidelines that reflect such necessities in the Corporate Governance Code for Listed Companies (CG Code) as well as the Investment Governance Code for Institutional Investors (I Code)....
Mrs. Pornanong Budsaratragoon, Secretary-General of the Securities and Exchange Commission (SEC), delivered the opening remarks at an annual seminar titled, “Understanding the Thai Capital Market 2023,” organized for judges and SEC employees. The annual seminar is part of the SEC Strategic Plan regarding collaboration with personnel in the judicial administration to enhance their knowledge in law enforcement related to the capital market. During the event, SEC executives and guest speaker...