Bangkok, April 28, 2014 ? The SEC is seeking public comment on the proposed amendments to the Securities and Exchange Act B.E. 2535 (1992) or SEA to increase competitiveness of Thai capital market in line with international practices.

The proposals aim to support market readiness for current dynamic environment resulted from freer flow of capital and ever more connected capital markets and economies.  Additionally, the proposed revisions are expected to provide more flexibility for business operators and enhance cooperation and the exchange of information among relevant market participants both at domestic and international levels.   

The proposed amendments cover permission for persons other than securities issuers to apply for securities listing on the Stock Exchange of Thailand (SET) while those who are not the SET members will be allowed to send trading orders through the SET ?s trading system in cases where such system is linked with others, such as that of foreign exchanges.  Also included in the proposals are revisions on sharing of information to other domestic and foreign counterparts in response to changes in capital market supervisory and business structures as well as exemption for securities business licensees from including in their names the words ?securities company limited.?

The consultation paper is available on www.sec.or.th. Stakeholders and interested parties are welcome to submit comments through the website, facsimile at 0-2263-6476 or email at legal@sec.or.th until May 9, 2014.