entitle funding portals to register as a bondholders’ representative, limited to the bond issues that they act as a service provider, to support secured debt crowdfunding; (3) To require
. This repeal is proposed because funding portals operating under SEC supervision already serve as intermediaries between CFD issuers and investors, reporting significant events to the SEC. Additionally
providers, derivatives business operators, digital asset business operators, crowdfunding portals, ICO portals, and the Stock Exchange of Thailand (SET).
Currently, the SEC regulations related to the advertising of ICO portals and ICO issuers require warning statements on investment risks for digital tokens. However, there are still advertisements
Bangkok, 1 March 2019 ? The SEC is seeking public comments on the proposed rules for data submission to the SEC Office by digital asset business operators and initial coin offering (ICO) portals
. The briefing covered the SEC’s key initiatives, including (1) amendment to the regulations for ICO portals, allowing additional outsourcing options to enhance the ecosystem of Thailand’s digital asset
national strategy in the area of sustainability. In addition, the SEC has amended the ICO disclosure rules to increase access to ICO information through ICO portals. The key points of the amendments are
capital-market mechanisms. Crowdfunding is another alternative that helps enterprises to raise fund. Presently, there are three approved funding portals and several entities have expressed interest to
summarized below: (1) Allowing funding portals to register as a bondholders’ representative, limited to the bonds issued through their platform, to support the issuance of secured bonds via