, the SEC conducted further investigation and found that the aforesaid investment consultants who were TMB employees had failed to perform duties with responsibility and professional due care with regard
responsibility and professional due care in contravention of Clause 23(2) and to have possessed a prohibited characteristic according to Clause 31(1) of the Notification of the Capital Market Supervisory Board
SEC plans to issue additional requirements relating to the structure of the Board of Directors and Management of IPO companies and listed companies to the current regulations on the check and balance system (for example, independent directors and audit committee members) that will enhance the image and create confidence for the Thai capital markets. In addition, this approach is in line with the principles of corporate governance (CG), which has been adopted since 2002 by most IPO companies...
investment consultants above was deemed failure to perform duties with responsibility and deliberation as a professional in accordance with the Notification of the Capital Market Supervisory Board.* SEC has
Following an inspection report from Bangkok Bank Public Company Limited, a limited broker dealer and underwriter (LBDU) licensee, and the SEC’s further investigation, it was revealed that Pongsak had affixed signature on subscription orders, redemption orders and switch orders of investment units, in his position as investment consultant, without meeting with or giving advice to a client in any way. The SEC has considered that Pongsak’s misconduct of performing duties irresponsibly wit...
professional duties with responsibility and care** by signing the documents knowing that no actual service was provided. SEC, therefore, orders the following administrative sanctions: (1) {D
performance • Delegation of the responsibility to a particular executive or different executives? • Whether asset management firms should have CSO, working group(s), functional group(s)? • How the policies are
are informed about the climate- related issues and how they monitor the targets and performance • Delegation of the responsibility to a particular executive or different executives? • Whether asset
importance of human rights protection in business operation, and to encourage suitable application of the globally recognized UNGPs for businesses of different nature to achieve sustainable development while
unaudited financial statements of all Thai securities companies and derivatives broker, which may be different from the data shown in the audited financial statements that will later be disclosed to the