Securities and Exchange Commission of Thailand (SEC)

Basic Information

The Securities and Exchange Commission of Thailand (SEC) is the primary regulatory authority overseeing Thailand’s capital markets. Established in 1992 under the Securities and Exchange Act B.E. 2535 (SEA), the SEC operates as an independent government agency responsible for supervising securities businesses, listed companies, and digital asset markets in Thailand. The SEC works closely with the Stock Exchange of Thailand (SET) to maintain fair and transparent capital markets.

Historical Background

The SEC was created in 1992 through the Securities and Exchange Act B.E. 2535, marking a significant milestone in Thailand’s financial regulatory framework. The 2019 amendment (SEA No. 6 B.E. 2562) enhanced the SEC’s supervisory capabilities to align with international standards, including improved securities business supervision, mutual fund management oversight, and the establishment of the Capital Market Development Fund (CMDF). The SEC has progressively expanded its regulatory scope to include digital assets under the Royal Decree on Digital Asset Businesses B.E. 2561.

Legal Authority and Regulatory Framework

The SEC derives its authority from several key legislations:
– Securities and Exchange Act B.E. 2535 (1992) and its amendments
– Royal Decree on Digital Asset Businesses B.E. 2561 (2018)
– Capital Market Supervisory Board regulations
The SEC oversees all public offerings of securities in Thailand, which require prior approval from its office. It shares regulatory responsibilities with the SET for listed companies, while maintaining primary oversight of securities businesses and digital asset operations.

Main Responsibilities and Regulatory Scope

The SEC’s comprehensive regulatory mandate includes:
– Supervision of securities and derivatives markets
– Regulation of listed companies’ activities
– Oversight of digital asset businesses and offerings
– Prevention of unfair securities trading practices
– Investor protection against fraud and scams
– Development of capital market policies
The SEC collaborates with international organizations and maintains specialized departments like the Sustainable Development Department to address emerging market challenges.

Contact Information

The SEC’s headquarters are located at:
The Securities and Exchange Commission (SEC)
333/3 Vibhavadi-Rangsit Road, Chomphon Sub-District
Chatuchak District, Bangkok 10900, Thailand

Key contact channels:
– General inquiries: +66 2033 9999
– Investment scam hotline: 1207 ext. 22
– Email for sustainable development: [email protected]
– Website verification tools: www.sec.or.th/seccheckfirst

Regulatory Verification Methods

The SEC provides multiple verification tools:
1. SEC Check First website (www.sec.or.th/seccheckfirst) – Verify licensed entities
2. SEC Check First mobile app – Check approved service providers
3. Direct inquiry through SEC hotlines
4. Official lists published on SEC website
These tools allow investors to confirm whether financial service providers are properly licensed and regulated by the SEC.