Bangkok, November 10, 2011 ? The Securities and Exchange Commission has passed a resolution at the monthly meeting No. 12/2011 allowing amendment to the regulations governing local and foreign credit rating agencies in response to the changing business environment and in line with the International Organization of Securities Commissions (IOSCO) standards.  The revision requires that locally-based CRAs implement efficient, reliable and systematic credit rating methodologies and operate independen...

Bangkok, November 14, 2014 ? The SEC revised the criteria for Turnover List preparation to better reflect current market environment. On December 4, 2014, the first Turnover List prepared under the said criteria will be announced.Vorapol Socatiyanurak, SEC Secretary-General said, ?Under the revised criteria,  all shares having high turnover ratio will be listed on the Turnover List as the limit of top 50 SET-listed shares and top 5 mai- listed shares will be removed, respectively. Furthermore, l...

Bangkok, January 6, 2009 ? The SEC has revised its rules on approval of investor contacts for more flexibility and for encouraging more service providers into the capital market. Effective as from December 26, 2008, the amended rules have the following features:1.The status of Category B investor contacts (marketing officer), who are also registered as fund managers, will be automatically upgraded to Category A investor contacts (securities analyst). The term of the upgraded status will be equal...

SEC Secretary-General Rapee Sucharitkul revealed that “the financial reports are crucial for investors’ investment decision-making. The independence of auditors, which plays an important role in auditing and reviewing the financial statements, is therefore a key factor in making the financial statements reliable; and when the international standards change, SEC is required to revise the rules accordingly. The revised rules on the rotation of auditors specify that the auditors of a listed c...

Bangkok, June 21, 2011- SEC Secretary-General Thirachai Phuvanatnaranubala said after the Capital Market Supervisory Board?s Meeting that the Board resolved to revise rules on derivative warrants (DW) issuance. The revision will require DW issuer to provide a so-called ?fact sheet? which is a investor-friendly description of securities? key features, specific characteristics and risks. Fact sheet must be distributed to retail investors together with the subscription form. In case of direct listi...

  Bangkok, June 21, 2011- SEC Secretary-General Thirachai Phuvanatnaranubala said after the Capital Market Supervisory Board?s Meeting that the Board resolved to revise rules on derivative warrants (DW) issuance. The revision will require DW issuer to provide a so-called ?fact sheet? which is a investor-friendly description of securities? key features, specific characteristics and risks. Fact sheet must be distributed to retail investors together with the subscription form. In case of direct li...

Bangkok, October 15, 2009 ? The SEC is conducting a public consultation on the revision of rules on approval of securities business personnel to streamline and expedite the approval process in line with international standards and the industry?s needs.  The revision involves the following key matters:1. Approval of directors and executives of securities companies(1) A securities company is required to submit a notice of its appointment of a director and a manager via the SEC?s electronic work sy...

Currently, asset management companies have established mixed funds with more diversified asset allocation to meet different demands of investors and to enhance efficiency for managing investment in each type of assets. In this regard, asset management companies may choose to invest in mutual funds that concentrate on a specific type of assets and require specific expertise of fund managers to ensure economy of scale for such investment management. In addition, asset management companies v...

Bangkok, April 1, 2013- The SEC permits the 51th- 100th shares in the SET100 Index as underlying securities for Derivative Warrant (DW) and revises the process of DW issuance and offering to

The notification of the Ministry of Finance regarding prescription of conditions for securities company to apply for approval of person to be major shareholder defines the “Major Shareholder” as any person directly or indirectly holding shares of securities company in excess of ten percent of voting shares of such company.Where a securities company issues shares with different voting rights, certain shareholders may have the number of voting share more or less than the number of voting rig...