Post by account_disabled on Dec 26, 2023 9:40:19 GMT
The SEC launches the Regulatory Guillotine project to improve regulations covering all aspects. By reducing steps, processes, and the number of documents that must be submitted to the SEC, including reviewing existing rules to be consistent with the current situation and as necessary. To facilitate and reduce unnecessary costs Raise the level of competitiveness for the business sector. and reduce the burden on the people Conforms to the principles in Section 77 of the Constitution. On the occasion of the 28th anniversary of the founding of the SEC. Ms. Ruenwadee Suwanmongkol, Secretary-General of the Securities and Exchange Commission (SEC), said that the SEC is aware of the importance and necessity of raising the level of competitiveness through regulations. that meets standards and facilitates the business sector Therefore.
the Regulatory Guillotine project has been designated as an important project under the SEC's strategic plan (2020 - 2022). The SEC will reduce steps, processes, and the number of documents that must be submitted. The SEC also reviews existing rules to be consistent with the current situation and as necessary. This will facilitate and reduce costs for the business sector. Reduce the burden on the people It is also consistent with the principles in Section 77 of the Constitution. “On the occasion of the 28th anniversary, the SE WhatsApp Number List WhatsApp Number List organized the Regulatory Guillotine project, which is a comprehensive rule improvement project. for the Thai capital market, the business sector, and the public. Throughout this year, we will see amendments to regulations to reduce the burden on the private sector. Both in terms of reducing procedures, processing, and canceling the sending of documents or paper reports. and preparing a code of rules with accompanying manuals for ease of use, which the SEC will gradually complete in 2020,” Ms. Ruenwadee said. The Regulatory Guillotine project, which is scheduled to be completed within.
2020 - 2021, has 19 sub-projects, with pilot projects already in operation such as Project to develop a paperless process for applying for approval to establish and manage mutual funds. The SEC has developed a system and improved the criteria for requesting approval to establish and manage mutual funds. Including submitting application documents through the electronic system (OFAM system) without having to send paper documents to the SEC again. As a result, it will relieve the private sector of the burden of submitting applications and application documents entirely on paper, or 100 percent. It has been completed and ready for use since the first quarter of 2020. A project to improve the debt instrument offering information forms (filing forms) by collapsing all 32 filing forms into only 13 forms, resulting in the number of filing forms that the private sector must submit to the SEC reduced by as much as 60 percent and expected to be completed within the second quarter of 2020. Note: Regulatory Guillotine is a review of currently enforced laws. To repeal or improve laws that are no longer necessary or inconsistent with the circumstances. or that is an obstacle to living or pursuing a career so as not to be a burden to the people Using a method that is fast, transparen
the Regulatory Guillotine project has been designated as an important project under the SEC's strategic plan (2020 - 2022). The SEC will reduce steps, processes, and the number of documents that must be submitted. The SEC also reviews existing rules to be consistent with the current situation and as necessary. This will facilitate and reduce costs for the business sector. Reduce the burden on the people It is also consistent with the principles in Section 77 of the Constitution. “On the occasion of the 28th anniversary, the SE WhatsApp Number List WhatsApp Number List organized the Regulatory Guillotine project, which is a comprehensive rule improvement project. for the Thai capital market, the business sector, and the public. Throughout this year, we will see amendments to regulations to reduce the burden on the private sector. Both in terms of reducing procedures, processing, and canceling the sending of documents or paper reports. and preparing a code of rules with accompanying manuals for ease of use, which the SEC will gradually complete in 2020,” Ms. Ruenwadee said. The Regulatory Guillotine project, which is scheduled to be completed within.
2020 - 2021, has 19 sub-projects, with pilot projects already in operation such as Project to develop a paperless process for applying for approval to establish and manage mutual funds. The SEC has developed a system and improved the criteria for requesting approval to establish and manage mutual funds. Including submitting application documents through the electronic system (OFAM system) without having to send paper documents to the SEC again. As a result, it will relieve the private sector of the burden of submitting applications and application documents entirely on paper, or 100 percent. It has been completed and ready for use since the first quarter of 2020. A project to improve the debt instrument offering information forms (filing forms) by collapsing all 32 filing forms into only 13 forms, resulting in the number of filing forms that the private sector must submit to the SEC reduced by as much as 60 percent and expected to be completed within the second quarter of 2020. Note: Regulatory Guillotine is a review of currently enforced laws. To repeal or improve laws that are no longer necessary or inconsistent with the circumstances. or that is an obstacle to living or pursuing a career so as not to be a burden to the people Using a method that is fast, transparen