The Securities and Exchange Commission (SEC) supports and cooperates with the Stock Exchange of Thailand (SET) to intensify supervision of the Thai capital market. Raise the criteria for regulating trading in 5 steps, starting from filtering listed securities or before IPO, entering and exiting from listed securities. To make the Thai capital market reliable for investors and beneficial to everyone (Capital Market for All)
Ms. Chomkwan Kongsakul, Deputy Secretary-General, as the SEC spokesperson, said that the SEC cooperates with the Stock Exchange. and related agencies throughout In particular, the acceleration of supervision of listed companies to be more intense under the Strong Securities Issuer Project, where the SEC has a main role in screening securities issuers to raise funds through IPO shares before will be registered Including coordinating with Stock Exchange In supervising listed companies at every step, from listing to issuing on the stock exchange (delisting), the SEC has discussed with the stock exchange in the past. Both at the board level and at the management level regarding guidelines for supervising listed companies on the Stock Exchange.
Therefore, the SEC is ready to support and cooperate with the SET in accordance with the guidelines for the supervision of listed companies in 5 steps, starting from screening listed securities or before IPO, becoming listed securities. as well as exiting the stock exchange To ensure that listed companies have appropriate qualifications based on principles that meet the requirements of strengthening supervision to strengthen confidence in the Thai capital market. while considering not issuing unnecessary rules Practicability and have reasonable flexibility in conducting business of listed companies. To make the Thai capital market reliable for investors and beneficial to everyone (Capital Market for All)
In addition, the SEC also cooperates with the Stock Exchange. and the Thai Securities Companies Association In issuing measures to supervise securities companies, such as improving the criteria for setting customer credit limits, which is the association's criteria. Criteria for placing collateral in a cash account, which are the criteria of the Stock Exchange of Thailand To be more careful when opening an account and placing collateral in the cash account. The quality of collateral and customer risk information when opening accounts at various securities companies are considered, etc.
Under the "Strong Securities Issuers Project", there has been continuous progress in issuing measures to promote and enhance investor protection by creating projects to upgrade both the upstream and midstream sectors of the capital market. water In order to prevent more inappropriate events from occurring in the capital market (downstream), including: (1) quality screening and supervision of companies listed on the stock exchange To conduct business by adhering to the principles of good governance. Improving the criteria for backdoor listing to be more stringent and (2) upgrading relevant capital market personnel such as auditors. financial advisor Company personnel Issuer of securities To be able to perform duties fairly and truly preserve the interests of shareholders and investor protection, and (3) create a mechanism that facilitates investors' knowledge and ability to protect their rights.
Source: Thai News Agency