Secretary-General, said: “Over the years, the SEC has been working closely with the TDO and digital asset business operators to prevent the misuse of digital assets as a channel for money laundering by
mortgages the company’s assets, including but not limited to securing debt repayment, refinancing, or negotiating waivers or modifications for debt restructuring with financial institutions.The SEC requires
introducing additional conditions for cases where the bond issuer exercises the right to redeem or request the return of collateralized and/or replacement assets. The SEC requires that the bondholders
crowdfunding; (2) Requiring bondholders’ representatives to have paid-up registered capital of at least 25 million baht, which is comparable to securities companies maintaining clients' assets in
-related tokens as eligible assets. Subsequently, the SEC Board Meeting No. 1/2567 approved the proposed regulations regarding the offering of sustainability-related tokens to be on par with the regulations
million baht, comparable to a securities company that safeguards client assets. Additionally, a funding portal acting as a bondholder representative is required to meet and maintain financial
paid-up registered capital of at least 25 million baht, comparable to a securities company that safeguards client assets. Additionally, a funding portal acting as a bondholder representative is
foreign risks; the assets* to be transferred to a special purpose vehicle is the right to claim occurring overseas, and the originators are foreign businesses. This is to align with the regulations for
records related to the custody of client fund issued by the custodial bank, and records related to the custody of client digital assets issued by digital asset custodians permitted to provide such services
proposed revision to the terms and conditions regarding the collateral maintenance against the principal debt by allowing the issuer to redeem or return the full or partial value of the assets used as