Bangkok, November 7, 2006 ? The SEC has issued seven administrative orders today ? one suspension and six probations ? against investor contacts involved in unregulated loans for securities trading of their clients. The suspension from the role of investor contact is imposed on Tawatchai Rossanakarn for a period of two years on account of participating in unregulated loans to facilitate his clients? securities buying and money transfers between the lenders and the borrowers. In addition,...
. Among several capital market related issues discussed at the meeting, three critical ones were deemed to have significant impacts on developing countries including Thailand. They are: 1. US Subprime
Bangkok, August 7, 2009 ? The SEC has announced the release of 109 newly issued capital market notifications as replacement for those repealed by the amendment to the securities law. All notifications (Thai version) are now available on the SEC website at www.sec.or.th. According to the Securities and Exchange Act (No. 4) B.E. 2551 (2008) and the Derivatives Act (No. 2) B.E. 2551 (2008) which came into force last year, the Capital Market Supervisory Board (CMSB) assumed from the SEC Board the r...
With this manual as guidance, it is expected that the business operators will accordingly review their risk management policies and procedures and report the results to the SEC as part of their 2024 annual compliance reports. In this front, reporting of any non-application or unfinished application of the recommended guidelines shall be accompanied by the explanation of the associated reasons, as an additional report, which is approved by the company’s board or audit committee. The SEC is...
Earlier, the Audit Committee of CMO had informed the SEC of the issues raised by the auditor from the audit of the company’s financial statements as follows: an irregular withdrawal of advance
The SEC conducted public hearings on the regulations on the application for approval, the granting of approval for the association, and disclosure of information thereof during April – May 2023 and September – October 2023, as approved by the Capital Market Supervisory Board meeting No. 2/2023 held on 21 February 2023 and the Securities and Exchange Commission Meeting No. 12/2023 held on 3 August 2023, whereby most respondents agreed and gave suggestions on matters such as determination o...