SEC studied regulations in other countries to find proper guidelines for supervision, focusing on standardized services and putting investors first. The matter is still under the discussion with the securities business operators. The proposed guidelines and this public hearing will be presented to securities business operators who plan to apply fintech in the capital markets must comply as follows: (1) Implement a policy on fintech application at board or executives level ; (2) ...
Pursuant to the proposed amendments, the fee for undertaking a derivatives exchange business would be determined at the rate of 0.05 baht per contract per side for trades executed within the derivatives exchange with a minimum fee of 2 million baht in place of the existing fee which only prescribes the fixed rate of 2 million baht. Also, agricultural commodity derivatives would be granted an exemption from the calculation to support agricultural commodity business operators. The new fee i...
Pursuant to the existing regulations that have been effective since 2004, listed companies are required to pay an annual fee for submission of the annual registration statement to the SEC. In this regard, the annual fee is calculated based on the shareholders’ equity presented in the financial statements for the latest accounting year that have been submitted to the SEC. In case of a listed company not submitting the latest annual financial statements within the specified period, the SEC will ca...
increase purchasing power. SEC therefore proposes the inclusion of additional securities classes for margin lending by securities company to the customer for investments apart from listed securities. Such
SEC has opened for public comments to revise the regulations on supervision of fintech as there are some business operators applying fintech to improve their service efficiency for investors. For example, algorithm or computer coding has been used in the process of investment analysis, advice, and investment decision-making. Therefore, it could lead to new services offering and help investors to have alternatives by using the capital market to accumulate wealth in the long run.SEC studied...
Currently, there are no licensing regulation for digital asset custodial wallet providers in Thailand. Thus, a digital asset business operator who performs safekeeping of clients’ digital assets with a total value of 15 million baht or more* has to store clients’ digital assets with foreign digital asset custodians not subject to Thai law and supervision of the Thai regulator. In addition, discussions with relevant enforcement agencies have raised concerns that digital assets may be used...
have a significant impact on the rights and benefits of EARTH shareholders, SEC suggests that EARTH shareholders study the information in the notice of the extraordinary shareholders’ meeting in
suggests that digital asset transactions be executed through licensed digital asset business operators that are supervised by regulators to ensure that such investment is protected by law. In this regard
case that any party claims to be an intermediary, either as digital asset exchange, broker or dealer, SEC suggests that investors should verify their legitimacy via the list provided on the SEC
official receiver of the Legal Execution Department within one month from the announcement date of the order appointing the rehabilitation planner.The SEC suggests that the JKN bondholders closely follow