Following a new regulation of the Securities and Exchange Commission of Thailand defining new characteristics of bills (i.e., bills of exchange and promissory notes) that are considered securities, the Capital Market Supervisory Board of Thailand has amended the requirements for offerings of bills to match the new definition. The new offering requirements will come into effect on 16 March 2024.

On 10 January 2024, the Office of the SEC issued guidelines relating to listed company shareholder meetings to enhance good governance, transparency, and efficiency of the meeting, and to allow shareholders’ participation.

The Securities and Exchange Commission of Thailand has amended the requirements for offerings by foreign entities of Baht-denominated bonds and foreign-currency-denominated bonds. These revisions aim to enhance protection for investors and market credibility. The changes also mark the transfer from the Ministry of Finance of Thailand, which until now had the power to grant approval to foreign issuers for issuances of Baht bonds, to the SEC. The amendments came into effect on 1 January 2024.

The Securities and Exchange Commission of Thailand (SEC) has amended and issued regulations (17 in total) to provide clarity regarding the nature of businesses that may be considered investment companies. The amended regulations also impose disclosure obligations, where an investment company is also a listed company, and prohibit any investment companies from offering securities, except in limited circumstances. These regulations became effective on 1 January 2024.