Advisor” and “Digital Asset Fund Manager” shall be two new types of digital asset business subject to SEC’s supervision. Therefore, any person who wants to conduct any of these new businesses is required to
country as well as the additional requirements specified in the MoU and such mutual fund shall be offered through local distributor(s) approved by the host country. In this regard, the supervisory
Emergency Decree on Digital Asset Businesses B.E. 2561 (2018), any person operating digital asset business without a license shall be liable to imprisonment for a term of two to five years and a fine of
of the enforcement of the revised rules (2019-2023), SEC will give a grace period, during which the cooling-off period of the outgoing auditors may be less than 5 consecutive years but shall not be
enactment of the Emergency Decree on Digital Asset Businesses B.E. 2561 (2018), which requires that digital token issuers and digital asset business operators shall obtain approval and/or proper licenses
, they shall face an additional charge.________________________________
qualifications whereby an IPO applicant shall not get involved in any illegal business. The proposed amendments are in line with the regulations for issuance of newly issued shares of public limited companies
market price causes the amount of approved underlying shares to be insufficient, the company shall be deemed to have been approved to issued additional underlying shares;2. Regulations governing shares
applicant fails to comply with the post-approval conditions. The amendments on whitewash are in accordance with the existing principles whereby the applicant shall be granted a waiver provided that the