The Thailand Securities and Exchange Commission has granted time extensions for a range of regulatory filings and disclosures after the 28 March 2025 earthquake in Bangkok disrupted capital and digital asset market operations, and it will consider further extensions on a case-by-case basis where firms cannot meet the revised deadlines. For securities companies, derivatives business operators and asset management companies, the SEC extended report submission deadlines falling on 28 March 2025 to 31 March 2025, reflecting the trading suspension on the Stock Exchange of Thailand and the Derivatives Exchange and related challenges in producing reports and mutual fund net asset values (NAVs). Derivatives brokers must follow up to ensure clients post additional margin by 31 March 2025 before market close, and should allow affected clients seeking to roll near-month to far-month contracts for spread trading to establish spread positions in the morning session without requiring additional margin at that time, while ensuring any required additional margin is posted by the same 31 March deadline if the rollover is not completed. Asset management companies that need to cancel pre-earthquake orders or cannot calculate NAVs on time must notify investors, publish a revised NAV schedule on their websites, and report to the SEC; capital market operators including crowdfunding portals may also seek extensions for IT audit reports and corrective action plans and Risk Level Assessments, and firms activating business continuity plans may allow working from home in line with the relevant SEC circular and notify the SEC. Listed companies and securities issuing companies unable to submit the 56-1 One Report on time must apply to the SEC for an extension by 31 March 2025 with supporting reasons and an expected submission timeline and disclose the delay via SETLink, while affected debt securities issuers unable to submit Section 56 reports due by 31 March 2025 must request an extension by the same date and disclose this information to investors. ICO issuers and digital asset business operators may also request reporting extensions for the annual updated information statement, reports due to the SEC, and (for ICO portals) the IT audit report and corrective action plan and the Risk Level Assessment.
Thailand Securities & Exchange Commission 2025-03-30
Thailand Securities and Exchange Commission extends reporting deadlines and sets operational expectations after Bangkok earthquake
The Thailand Securities and Exchange Commission has extended regulatory filing deadlines to 31 March 2025 for securities companies, derivatives business operators, and asset management companies following the 28 March earthquake in Bangkok. Affected firms must comply with revised deadlines, including margin posting and NAV calculations, and may request further extensions case-by-case. Listed companies, debt securities issuers, ICO issuers, and digital asset operators must apply for extensions and disclose delays to investors by 31 March 2025.