Bangkok, September 25, 2015 ? The SEC aims to promote the use of technology to provide more access to the capital market for fund mobilizers and investors through crowdfunding and automated
enhanced to prevent exploitation of investors. Market accessibility via technological channels will be promoted to facilitate fundraising of small-and medium business enterprises and start-ups, and
The action follows the revocation of Renaissance FMC’s securities business and derivatives business licenses due to conduct demonstrating a lack of credibility, operational readiness, and serious
have an impact on the overall capital market, with the provision that the business operators must select a service provider from the list of service providers approved by SEC. In addition, the draft
capital market regulator, the SEC understands the need to study the market landscape, competition structure and business undertaking of the securities business operators including the trends and factors
sectors in the capital market in operating with consideration for human rights throughout the value chain. This aligns with the United Nations Guiding Principles on Business and Human Rights (UNGPs) and
regarding the credibility of digital asset business operators to enhance clarity and appropriateness of the regulations, while elevating the quality, trust, and confidence in the overall digital asset market
investors. Such new regime would promote a market environment conducive to competition in line with the Ease-of-Doing-Business Policy of the public sector. The new regime would also keep the existing
approval for him as capital market business personnel for four years, starting from 29 January 2021. As a result, he is also banned from holding the positions of director and executive of capital market
structures by putting in place an ecosystem conducive to fundraising of strategic business sectors, e.g., SMEs, S-Curve, Bio-Circular-Green (BCG) as well as soft power promotion businesses*. (2) Capital market