or falsifying documents. SEC has therefore issued regulations specifying suspicious circumstances and the procedure for obtaining facts relating to such circumstances to be in accordance with the
Bangkok, 2 April 2020 – SEC is seeking public comments on the proposed regulations concerning the definitions of “executive” and “business in the group” under the Digital Asset Businesses Law to be in line with the definitions of the terms prescribed in the Securities Law. The proposed regulations aim to better clarify the terms, prevent unfair trading practices related to digital assets and securities, and enhance investors’ confidence. According to the proposed regulations, the terms,...
Pursuant to Section 89/25 of the SEA, the auditor has the duty to report suspicious circumstances that were found from the audit in accordance with the auditing standards. SEC therefore proposes the principle and the draft regulation which would require the auditor to report to the Audit Committee of securities company** or the Audit Committee of listed company any suspicious circumstance that indicates that a director, manager or the person responsible for the operation of a juristic per...
access to the information regarding changes of the outsourced companies which might affect the business, or the provisions stipulating that the business providers must have necessary resources and
The SEC has initiated an issuance of a notification stipulating rules, conditions and procedures for collecting, disposing, and distributing REIT assets, based upon the Notification of the Capital
Securities and Exchange Commission (SEC) is in the process of stipulating regulations in support of Thailand ESG Fund. SEC Secretary-General Pornanong Budsaratragoon stated: “On 20 November 2023, the
in writing and shall have the following provisions: (1) stipulating rights and duties of a management company and the representative that are not contrary to or in contravention of the law on
representative ___________________ Clause 11 The agreement for appointing a representative shall be made in writing and shall have the following provisions: (1) stipulating rights and duties of a management