2013

Thailand mutual fund industry ranked the third of the world

On May 17, 2013, the SEC announced the accomplishment of Thailand’s asset management industry receiving the overall grade of B, ranking the third in the Morningstar’s Global Fund Investor Experience Study 2013 which measured the experiences of mutual fund investors in 24 countries. The study showed that Thailand’s asset management industry has maintained high standards in the area of regulation and taxation, as well as made better improvement in the area of sales and media. Secretary-General Vorapol Socatiyanurak, Chairman of Association of Investment Management Companies (AIMC) Somjin Sornpaisal, and Managing Director of Morningstar Research (Thailand)
Peet Yongvanich joined in a press conference at the SEC office.

SEC opens house at Money Expo Bangkok 2013

The SEC executives team led by Secretary-General Vorapol Socatiyanurak welcomed Deputy Prime Minister and Finance Minister Kittiratt Na Ranong and top executives in the capital market industry at SEC booth. The booth is presented under the theme “SEC Open house” to promote financial planning and the SEC’s roles among the public in Money Expo Bangkok 2013 at Challenger 1-2, IMPACT Arena, Exhibition and Convention Center, Muang Thong Thani.

Thailand Corporate Governance Assessment Report on the Observance of Standards and Codes (CG-ROSCs)

Deputy Prime Minister and Finance Minister Kittiratt Na Ranong, with warm welcomed by SEC Secretary-General Vorapol Socatiyanurak, Acting Country Director for the World Bank Thailand Constantine Chikosi, along with many top executives in the capital market industry, presided over and delivered a keynote speech on “Corporate Governance Development in the Thai Capital Market”. The seminar was co-organized by the SEC, the World Bank, the Thai Listed Companies Association on April 25, 2013 at Intercontinental Hotel, Bangkok.

SEC co-sponsors national artist exhibition

The SEC co-sponsors the Paintings and Poetries of Angkarn Kallayanapong Exhibition in remembrance of the late National Artist of 1989 (Literature) and the S.E.A. Write Award winner of 1986. The exhibition runs from March 28 to April 30, 2013 at the Bangkok Art and Culture Center (BACC).

CEO Forum II

The SEC and the Thai listed Companies Association co-hosted the second CEO Forum on the topic, “IFRS and Financial Reporting for Investors,” featuring a keynote address by Mr. Hans Hoogervorst (the second from left) Chairman of the International Accounting Standards Board (IASB), and discussions among local and international experts on March 8, 2013 at Sofitel Bangkok Sukhumvit Hotel.

Shareholders’ right protection volunteers at AGM

SEC Secretary-General Vorapol Socatiyanurak, the Thai Investors Association (TIA) Chairman Mongkol Leelatham (left) and the Thai Listed Companies Association (TLCA) Director Worawoot Ounjai (right) witnessed the pledge of 40 TIA volunteers to protect shareholders’ rights at annual general shareholders’ meetings (AGM) of listing firms, as part of the AGM Checklist Campaign, at the SEC Office on February 28, 2013.

Thai mutual funds in global context

SEC Secretary- General Dr. Vorapol Socatiyanurak gave a keynote speech on “Developing Thai Mutual Funds in the Global Financial Context” at an academic seminar titled, “Solving Mutual Fund Puzzles: Hopes and Realities” organized by the School of Development Economics, the National Institute of Development Administration (NIDA) to present research papers on mutual fund market developments, at the SET Building on February 14, 2013.

Preparing for AGM

SEC Secretary-General Dr. Vorapol Socatiyanurak gave a keynote address at a seminar on “Preparation of Audit Committees for Annual General Shareholders’ Meeting” to share experts’ knowledge and experiences on financial statements and the International Financial Reporting Standards (IFRS) with audit committees of listed firms. The seminar was jointly held by the SEC, the SET and PricewaterhouseCoopers ABAS Ltd. at the SET on February 13, 2012.

Heads and executives of the SEC and capital market regulators in the Mekong region visited Major Cineplex Group Plc.

Dr. Vorapol Socatiyanurak, with heads and senior managements of capital market regulators in the Mekong region, namely Cambodia, Lao PDR, Myanmar and Vietnam, paid a visit to Major Cineplex Group Plc on February 8, 2013 at the Siam Paragon, Bangkok. The group was greeted by Mr. Vicha Poolvaraluck, Chairman of Major Cineplex Group and his senior executives. Mr. Vicha also shared his experiences on the role of the capital market in promoting the group’s business. The visit took place on the sidelines of the first meeting on Mekong capital market cooperation which was hosted by the SEC Thailand.

Enhancing Mekong Region Cooperation

The SEC, led by Secretary-General Dr. Vorapol Socatiyanurak, hosted the first multilateral executive meeting with capital market regulators from Cambodia, Laos, Myanmar and Vietnam to strengthen cooperation for development of Great Mekong capital markets, at Grand Hyatt Erawan Hotel on February 8, 2013.

Capital market alliance promotes real sector growth

The SEC and seven allies from public and private sectors officially launched the second Pride of the Provinces project to further educate business operators across the country about fundraising through the capital market and encourage them to take advantage of the channel for their business growth. Interior Minister Jarupong Ruangsuwan presided over the launch together with top executives from the alliance – the National Science and Technology Development Agency, the Stock Exchange of Thailand, the Federation of Thai Industries, the Thai Chamber of Commerce, the Investment Banking Club and participating approved auditors – at the SEC Office on February 4, 2013.

CSR Direction 2013

SEC Assistant Secretary-General Waratchaya Srimachand shared SEC direction on corporate social responsibility (CSR) at a seminar on “CSR & Sustainability in 2013,” co-hosted by Corporate Social Responsibility Institute (CSRI) under the Stock Exchange of Thailand (SET), Thaipat Institute and the SEC, at the Professor Sangvien Indaravijaya Auditorium, the Stock Exchange of Thailand building on January 31, 2013.

Disclosure seminar for listed firms

The SEC held a seminar for listed companies on effective information disclosure and preparation of investors-friendly analysis on financial statements to update listed firms’ knowledge on disclosure of annual registration statements (Form 56-1). The panelists were SEC Assistant Secretary-General Waratchaya Srimachand (center), SEC Corporate Monitoring Director Anek Yooyuen (right), and Dr. Sanskrit Vijitlekakarn (left), Accounting Department lecturer, Faculty of Business Administration, Kasetsart University, at the Ambassador hotel on January 30, 2013.

Driving the integration of ASEAN capital markets

SEC Secretary-General Dr. Vorapol Socatiyanurak gave a keynote address on “Driving the Integration of ASEAN Capital Markets” at a seminar hosted by Standard & Poor’s Ratings Services and TRIS Rating Co., Ltd., featuring benefits of integrating debt markets under the cooperation of ASEAN capital market regulators, on January 24, 2013.

Illustrating Thailand’s prosperity

SEC Secretary-General Dr. Vorapol Socatiyanurak presented the Growth and Prosperity of Thailand book – highlights of the Thai capital market’s two-decade achievements in promoting national growth – to the Government for distribution to international economic and business organizations, at the Government House on January 14, 2013

SEC announces strategic plan

SEC Secretary-General Voralpol Socatiyanurak and top executives announced four key strategies, highlighting six initiatives to be launched in 2013, at a press conference at the SEC office - on January 14, 2013. The strategies aim to reach out in response to the needs of all business sectors and investors, enhance business competitiveness and encourage economic sustainability.

SEC signs multilateral MOU for human resources development

SEC Secretary-General Dr. Vorapol Socatiyanurak signed a multilateral memorandum of understanding (MOU) with executive officers of the Bank of Thailand, the Office of Insurance Commission and the Stock Exchange of Thailand to promote cooperation in developing staff competency and sharing of knowledge and experiences in the financial sector, on January 11, 2013.