Bangkok, November 6, 2014 ? The SEC is seeking public comment on proposed  revision of approval criteria for auditors in the capital market to be more practical. The proposed revisions include auditor qualifications in relation to experiences and introduction of new measures and sanctions relative to levels of misconduct ranging from minor to serious. In addition, the approval criteria for auditors of SMEs have been proposed in response to the growing number of SMEs with potential to become listed on the Stock Exchange of Thailand. In this regard, most of the criteria remain in line with the approval criteria for auditors in the capital market but certain qualifications will be relaxed such as job title, audit experience and experience in giving opinion for financial reports.

The consultation paper is available on www.sec.or.th. Stakeholders and interested parties are welcome to submit comments through the website, or facsimile number at 0-2263-6479 or email address at apichaya@sec.or.th until November 18, 2014.