From 13 February to 14 March 2024, the SEC ran a public hearing on the proposed revision to the principles for adding types of knowledge and experience of the SET Board, and the proposed flexibility for the SEC Board to add types of knowledge or experience required on candidates to  be selected and appointed as members of the SET Board, as deemed appropriate to the current situation.

The SEC Board has taken the respondents’ comments and suggestions into consideration to enhance clarity and appropriateness of the aforesaid principles. In this regard, relevant regulations have been drafted and are now open for public comments. The key points of the draft regulations are as follows:  

1)  To add more types of knowledge and experience in two areas, namely:  

        1.1) Environment, Social and Governance         

        1.2) Surveillance/Regulatory experience 

2)  To increase the flexibility for the SEC Board to add more types of knowledge or experience required on candidates to be selected and appointed to the SET Board, as deemed appropriate to the current situation. 

The consultation paper is available at https://www.sec.or.th/TH/Pages/PB_Detail.aspx?SECID=984 and https://law.go.th/. Stakeholders and Interested parties are welcome to submit comments and recommendations via the SEC’s website or emails: natdanai@sec.or.th หรือ korakot@sec.or.th. The public hearing ends on 23 May 2024. 

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