The Securities and Exchange Commission – Thailand

The Securities and Exchange Commission (SEC) of Thailand is the primary regulatory body overseeing the securities and capital markets in Thailand. The SEC was established under the Securities and Exchange Act B.E. 2535 (1992) with the aim to develop and regulate the Thai capital market, ensuring its efficiency, fairness, and transparency.

Key Functions and Responsibilities

• Regulatory Supervision: The SEC regulates and supervises securities businesses, including brokers, dealers, and asset management companies. It ensures these entities comply with relevant laws and regulations.
• Market Development: The SEC promotes the development of the Thai capital market by encouraging innovation and adopting international best practices to enhance market efficiency and competitiveness.
• Investor Protection: A core mission of the SEC is to protect investors by enforcing disclosure requirements, ensuring fair treatment, and promoting financial literacy among the public.
• Market Integrity: The SEC monitors market activities to prevent fraudulent practices and market manipulation, ensuring the integrity and stability of the financial markets.

Strategic Initiatives

The SEC is actively involved in enhancing the regulatory framework to accommodate new financial technologies and digital assets. This includes issuing guidelines and regulations for initial coin offerings (ICOs) and cryptocurrencies to ensure investor protection and market integrity.