employees. The revision aims at encouraging employees to save more, save longer, and save smart, to enjoy better quality of life after retirement.The proposed amendments would require that asset management
to holders of digital tokens or real estate-backed initial coin offering (ICO). Meanwhile, the regulations have not yet extended to such fund raising method and a smart contract has not yet covered
Bangkok, October 2, 2015 The SEC has rolled out an initiative to enhance sustainability of the financial reporting ecosystem, which is paramount to the integrity and soundness of the Thai capital
Under the existing regulations, each business operator allows to prepare the customer complaints’ handling report in its own style and classify the type of complaints as it deems appropriate. Such variations have caused SEC extra time on processing the data for regulatory use. In addition, the current regulation which requires the operator to submit the report in paper form to SEC has incurred an undue burden to the business. SEC, therefore, proposes to amend the regulations by requiring...
Smart Income : Unlicensed securities and derivatives business (Disclosure Date : 21/07/2021)
, which will serve as another important milestone reflecting the strong relationship between the SECC and SEC Thailand. During this meeting, the SECC and SEC Thailand also agreed to enhance the strong
The SEC had reviewed the criteria related to report on securities (i.e., shares and convertible securities) or derivatives holding of listed companies’ directors, executives, and auditors** and proposed amendments to such criteria to reduce redundancy and inject flexibility for reporting parties while ensuring that data users receive sufficient information within an appropriate time. Having received comments and recommendations from the public consultation at the end of 2022, the SEC has refined...
enhance the efficiency of the existing provident funds. Essentially, the key principles of the amendments are as follows: 1. Fund management and structure: e.g., revising provisions to support the