90% to 95%. The new regulations would also prohibit DA custodians from outsourcing client asset custody to third-party service providers (no sub-custody allowed). Other regulatory requirements have
(consisting of civil penalties, compensations in the amount equal to the benefits received or would have been received, and reimbursements of investigative expenses incurred by the SEC) and prohibiting them
reliance on foreign investment funds. Vayupak Fund plans to issue investment units totaling approximately 100 – 150 billion baht to the general public (referred to as Type A unitholders), and have
Recent news reports on cyber attack on a foreign decentralized finance platform, which resulted in tremendous loss of clients’ digital assets, have raised concerns over cybersecurity. The SEC is
the cooperation to disseminate knowledge on finance, investment and savings and to train personnel to ensure they have financial knowledge and understanding so that they can transfer it to students
Earlier, the SEC issued regulations on establishment and management of high-yield bond funds, which have been effective since 1 August 2021. The regulations aim to provide bridge financing for high
The SEC has opined that organizing a shareholders meeting to elect new directors in order for IFEC’s board of directors to have a quorum in compliance with the law would be a proper way for IFEC to
The proposed guidelines have received public comments from several channels spanning from website, social media to focus groups.The to-be-issued rules will provide regulatory clarity for ICO