Bangkok, 6 October 2016 ? The SEC has banned eight directors and executives of Nation Multimedia Group Public Company Limited (NMG) for having improper characteristics as specified in the SEC Notification* after the public prosecutor had charged them in court on account of failure to perform duties by law at the NMG 2015 annual general shareholders? meeting.  The NMG directors and executives are: (1) Mr. Pakorn Borimasporn, (2) Mr. Chaveng Chariyapisuthi, (3) Mr. Adisak Limprungpatanakit, (4) Ms...

Bangkok, 11 September 2017 - The SEC has suspended the approval of five securities investment consultants for failing to perform duties in compliance with professional standards. The suspended persons are: (1) {A}, (2) {B}, (3) {C}, (4) {D}, and (5) {E}. The SEC has also banned the persons in (2) - (4) from performing duties as a branch manager in a business related to capital market. All of the investment consultants above work for the KASIKORNBANK Public Company Limited (KBANK).In the cases of...

Following the investor’s complaint and SEC’s further investigation, it was found that Somchai had committed wrongful acts against the investor’s assets. In so doing, he withdrew money from the client’s account by using the passbook and withdrawal slips signed in advance by the client and kept by Somchai, at an amount higher than the ordered amount. He then used the excessive amount for his own benefits, totaling 341,669 baht. In addition, Somchai arranged a suitability test for the client while...

of the Law which prohibits any directors, managers, or responsible officers of digital asset business operator to obtain any unlawful benefits for themselves or others at the expense of the business

the SEC inspection is entitled to protection under the Securities and Exchange Act B.E. 2535 (1992). The law prohibits any employing securities firm or issuer from treating its employees unfairly by

. Thus, there is no ground to extend the period of PDITL asset attachment.Remark: * SEC News No. 117/2023: “SEC orders attachment of assets of 10 offenders in STARK case and temporarily prohibits their

of information; (3) providing appropriate channels, procedures and period of time for clearly demonstrating objection. 1 Whereas this Section prohibits a trustee from entering into a transaction

perform duties as a director of Bangkok Life Assurance PCL for a period of three years, starting from March 17, 2016, and prohibits him from performing duties of capital market personnel for any securities

from 11 June 2021 onwards without retrospective effect. Essentially, the Notification prescribes that digital asset exchanges set their listing rules and prohibits the exchanges from providing services

violation of Section 85 of Digital Asset Businesses Law. It also violated Section 87 of the Law which prohibits any directors, managers, or responsible officers of digital asset business operator to obtain