Bangkok, 17 March 2025 – Prime Minister Paetongtarn Shinawatra today has met with the Securities and Exchange Commission (SEC), the Stock Exchange of Thailand (SET), and the Department of Special Investigation (DSI), the Ministry of Justice, to discuss situations in the stock exchange and update progress on the measures for building trust and confidence in the capital market, especially regarding strict and rapid legal enforcement. Meanwhile, the Government will support expediting legal amendments to restore confidence by enhancing the efficiency of preventing wrongdoing in the stock market and by authorizing the SEC as an inquiry official in the law enforcement process. 

In this regard, the Prime Minister has been monitoring the progress of cases with economic impacts affecting many people such as the STARK case, as well as measures to enhance the attractiveness of the stock market. Additionally, the Prime Minister has emphasized strict enforcement against listed companies that fail to comply with stock exchange regulations regarding matters such as the distribution of shares to retail investors (free float). 

SEC Secretary-General Pornanong Budsaratragoon reported to the Prime Minister that in recent times, the SEC has streamlined the internal processes for greater efficiency and speed, resulting in tangible results. Since the beginning of this year, legal actions have been enforced in 15 cases, involving approximately 40 alleged offenders. The average processing time has been reduced, with some cases resolved in less than a year. Additionally, the SEC has been collaborating with the SET in implementing measures for ensuring fair and transparent trading in the stock market. Efforts are also underway to improve reporting requirements for executives of listed companies regarding the use of shares as collateral in various transactions, allowing investors to make more informed decisions. Furthermore, amendments to securities laws are being pursued to strengthen confidence in Thailand’s capital market.