NCL has approved the early retirement and the compensation payment to Mr. Kitti Phuathavornskul, a major shareholder and senior executive, at the amount of 38.55 million baht to cease the

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

Pursuant to the Ministerial Notification concerning Approval for Undertaking of Digital Asset Businesses, effective since 13 July 2022, DA custodial wallet provider is required to obtain a DA

SEC, the requirement of which has been applicable to providing the said service to retail investor.?Revision of regulations aims at facilitating more convenience for business operation in providing

that NC bond offerings comply with the revised definition of Qualified Subordinated Debt in addition to plain vanilla bonds. For example, obtain a credit rating, disclose additional information other

such services. The newly established company must apply for a license within one year from the effective date of the amended ministerial regulations. The consultation paper is available at: https

requirements other than those governing plain vanilla bonds. For example, all types of offerings must submit an application for approval, obtain a credit rating, disclose additional information other than plain

that investors can have information for decision-making. At the same time, STARK was also instructed to extend the scope of its special audit to cover a number of material issues and clarify related

minimum number of businesses and the nature of the businesses for which the auditors perform audit work and affix signature on the auditor’s report from at least three businesses to at least two

assets. Under the royal decree, they must obtain licenses to operate digital asset businesses from Ministry of Finance. SEC has a duty to standardize business practices to ensure that operators are well