“Online business stock news” to gather information on law enforcement consciousness, which is divided into 1. Criminal statistics, 2. Administrative statistics / Administrative statistics, and 3. Civil sanctions statistics for the year 2022, referring to information from the Securities and Exchange Commission or the SEC. Collected as of November 31, 2022 and the latest announcement to see the action of the SEC once morest securities law offenders. and help law enforcement be more efficient.
From the statistics of civil sanctions collected from 8 cases, 36 offenders, including civil fines. , reimbursement as much as the benefit received and reimbursement for audit expenses amounting to more than 90.06 million baht
For the aforementioned civil sanctions measures are divided into 1. Offense of price manipulation (stock manipulation) 4 cases, 2 cases, 2. Offense of using inside information / disclosure of inside information (Inside trading) 6 cases, 31 offences, and 3. Offenses Consent to use a securities account/deposit account or use a securities account/deposit account in the amount of 1 case, it will be found that this year comes civil punishment for offenses “Inside Trading” received the highest fine of 37.73 million baht, followed by a stock manipulation offense with a fine of 28 million baht.
As for those who did not comply with the civil sanction measures as specified by the Civil Sanctions Committee (NBS), the SEC filed two lawsuits with the Civil Court as shown in the accompanying table.
For criminal cases, statistics for comparison and condemnation in the year 2022 (referring to data ending November 30, 2022) found that there were statistics of offenses and fines for a total of 105 cases, totaling 197 cases, which is higher than the year 2021. A total of 35 cases were fined for 58 cases, most of which were for disclosing financial status and operating results of the company. Followed by non-compliance with business criteria.
As for the statistics of impeachment cases in 2022, a total of 25 cases, 72 cases were higher than in 2021, there were 49 criminal cases in total, 10 cases, most of which were offenses in disclosing the financial position and operating results of the company. and followed by the unauthorized issuance of securities as shown in the accompanying table.
In terms of statistics, administrative actions, types of personnel (directors, executives /manager, fund manager, investment adviser) or chip practitioner (Financial advisors, analysts, property valuation companies) in the year 2022, there were 4 job suspensions and 9 investment recommendation licenses revoked, down from 2021 with 13 job suspensions. and revoke investment advisory licenses for a total of 4 companies as shown in the accompanying table.
However, the news team “News Hoon Business Online” has conducted additional surveys in respect of 8 civil cases, totaling 36 cases. Pay fines totaling up to 24 million baht
While most recently (December 29, 2022), the SEC disclosed the prosecution with civil penalties once morest 3 additional offenders in the case of creating an artificial volume of digital assets in the amount of 18 coins in the Bitkub digital asset exchange (exchange center Bitkub) of Bitkub by calling for a total payment of 75.01 million baht. In addition, the MSD has imposed a measure to ban trading of digital assets or digital asset derivatives for 4 months and prohibiting from being a director or executive for 8 years. month
While listed companies (listed companies) were subject to the highest civil fines by the SEC, namely in cases where executives of Thai Union Group Public Company Limited or TU were guilty of using inside information. Disclose inside information to other people. Or assisting in the offense There are 9 persons, namely Mr. Kraisorn Chansiri (who while committing the offense serving as Chairman of the Board of TU), Mr. Dispol Chansiri, Mr. Chan Hon Kit (Which while committing the offense serving as a director of TU affiliates), Mr. Chan Tin Su, Mrs. Cai Nguyen Ju, Mr. Chuan Tangchansiri (While committing an offense served as a director of TU), Mrs. Chen Yu Zhen, Mr. Chan Hon Hung and Mrs. Hui Pui Wah, with a total civil penalty payment of nearly 9 million baht.
However, the civil fines and compensation pay back the benefits received from such offences. It is the national income that will be remitted to the Ministry of Finance. Civil sanctions are an alternative to dealing with securities offenders. That helps to make law enforcement more efficient. with a fair process
There is a committee considering civil sanctions (MSP), chaired by the Attorney General. and experts involved in the capital market Jointly consider the appropriateness of civil sanctions. But if it is found that the offender fails to pay or fails to pay in full as agreed or fails to comply with the civil sanctions, the SEC can request the civil court to enforce the case. And can also accuse the investigator to take criminal action in the event that the payment is not continued
