Showing 1 - 10 of 13
Thai Life agent has licence cancelled
Business, Nuntawun Polkuamdee, Published on 12/12/2025
» The Office of Insurance Commission (OIC) has revoked the licence of a life insurance agent of Thai Life Insurance Plc, after uncovering a large-scale premium fraud scheme that caused losses estimated in the hundreds of millions of baht.
Zipmex victims look forward to hearing
Business, Nuntawun Polkuamdee, Published on 01/05/2025
» The victims of the Zipmex investment scandal are hopeful they will be able to recover their funds after the Department of Special Investigation (DSI) officially accepted the case on April 28, citing evidence of public fraud involving more than 1 billion baht in damages.
Securities and Exchange Commission move will allow funds to invest more in crypto
Business, Nuntawun Polkuamdee, Published on 10/10/2024
» The Securities and Exchange Commission (SEC) is preparing to adjust the investment criteria later this year to allow mutual funds and private funds to invest more in digital assets, as interest grows in cryptocurrency investment.
Ministry strips Zipmex's licences
Nuntawun Polkuamdee, Published on 12/06/2024
» The Finance Ministry has revoked the digital asset business licences of Zipmex Thailand as requested by the Securities and Exchange Commission (SEC), citing the company's financial status could cause damages to investors while personnel is inadequate to operate efficiently.
Syn Mun Kong Insurance likely has 60 days to solve woes
Business, Nuntawun Polkuamdee, Published on 19/12/2023
» The Office of the Insurance Commission (OIC) is expected to give Syn Mun Kong Insurance Plc (SMK) 60 days to solve its liquidity problems and raise capital, but the regulator said the ailing insurer is unlikely to meet the deadline.
Asia Wealth Securities has licence revoked
Business, Nuntawun Polkuamdee, Published on 26/07/2023
» The Securities and Exchange Commission (SEC) has ordered the revocation of the derivatives business licence of Asia Wealth Securities (AWS) due to its inability to maintain qualifications as a derivatives business operator in accordance with the specified laws.
SEC strips Asia Wealth of securities business licence
Business, Nuntawun Polkuamdee, Published on 02/06/2023
» The Finance Ministry has revoked a securities business licence of Asia Wealth Securities (AWS), as proposed by the Securities and Exchange Commission (SEC) for misuse of client funds without permission.
Major shareholders in digital asset ventures need SEC nod
Business, Nuntawun Polkuamdee, Published on 01/11/2022
» Digital asset businesses are now subject to seeking the approval of the Securities and Exchange Commission (SEC) if they are set to have a major shareholder, the Thai regulator said on Monday.
SMK share price plunges on Q1 losses
Business, Nuntawun Polkuamdee, Published on 26/05/2022
» The share price of SET-listed Syn Mun Kong Insurance (SMK) plummeted on Wednesday after the company reported a loss of 29 billion baht in the first quarter.
Ministry closes 2 Covid-hit insurers
Business, Nuntawun Polkuamdee, Published on 02/04/2022
» The Finance Ministry has revoked the business licences of Southeast Insurance and Thai Insurance, effective yesterday, after the two companies were declared financially incapable of paying outstanding claims, according to the Office of the Insurance Commission (OIC).