The SEC Board and the SET Governors met on 3 August 2023 to discuss and exchange perspectives as well as viewpoints in relation to cooperative working process between the two organizations with an aim to strengthen supervision on capital market business operation. Lessons learned from both organizations’ experience on cases with widespread impacts on the stakeholders were also shared for reviews and revisions in going forward. In this connection, related supervisory policies and measures w...

without licenses, subject to commission of offenses under the governing laws. The relevant undertakings include soliciting or providing channels for people in Thailand to make investment with the foreign

financial difficulty and unable to maintain adequate net capital as prescribed. The revised rules include rectification period, restriction of business operations during rectification period and undertakings

prescribed. The proposal includes rectification period, restriction of business operations during rectification period and undertakings in case of failure to rectify. The proposed rules will provide more up-to

operations during rectification period and undertakings in case of failure to rectify. The proposed revision aims to mitigate undesirable impacts on securities firms? clients and counterparties as well as the

investors.The persons performing the duty must monitor and oversee undertakings that may cause a conflict of interests to the unitholders, including undertakings that may be characterized as unfairness to the

laws and regulations, in which they are required to maintain the specified qualifications at all times during their business undertakings and to be fit and proper for provision of services for the best

(IA) business undertakings. In this regard, Thai business operators have to inform the SEC of the names of such foreign personnel in advance and determine the term for their provision of advisory

derivatives business operators is determined by the types of license packages, each permitting a scope of various business undertakings. For example, Type A Securities Business License requires the minimum paid

challenges and issues. The meeting was followed by the 8th AARG Inspection Workshop on 17-18 June 2021 to exchange knowledge and experience in audit supervision undertakings among the AARG member countries and