Bangkok, 17 October 2023 – SEC warns the private sector to beware of the activities which may be deemed the undertaking of the SEC-supervised securities, derivatives, and digital asset businesses

business legally under the law of home country;? -?supervised by an IOSCO member regulator; -?not having a business premise in Thailand, except through shareholding in an SEC approved local CRA; and

securities is not allowed.  Moreover, none of the current provisions support the appointment of representative for holders of no guaranteed bond that issued by government agencies which, if allows, could be a

trading accounts regularly, as prepared by the responsible securities companies, and not to fall for promises of guaranteed returns because investment in the capital market could either yield profits or

which is supervised by a regulator located in a country whose supervisory measures on investment management are recognized by the SEC Office; For the purpose of intermediaries’ compliance with the

supervised by a regulator located in a country whose supervisory measures on investment management are recognized by the SEC Office; For the purpose of intermediaries’ compliance with the aforesaid provision

10,000,000 Debentures No. 9/2018, Class 1 PP-10 21 Dec 18 20 Dec 19 10,000,000 Debentures No. 9/2018, Class 2 PP-10 27 Dec 18 26 Dec 19 30,000,000 Guaranteed Debentures No.1 / 2018 II&HNW 6 Jul 18 6 Jul 20

additional rules regarding ICO advertisements. Essentially, such advertisements must refrain from enticing or pressuring investors into uncareful investment decisions. Moreover, they must not imply guaranteed

were persuaded to make an investment at the minimum amount of 100,000 baht to earn 5 percent return in six months.Both companies promised to repay the principal and generate the guaranteed returns

information for investment decision making such as condition of non- guaranteed by the Ministry of Finance, source of fund for debt repayment and business nature for risk assessment. Like private issuers