rectification requirements. Consequently, the SEC Board resolved to propose the revocation of Zipmex’s digital asset exchange and broker licenses for the Minister of Finance’s consideration. The SEC Board also

specified requirements, providing clear and sufficient information for investors to make informed investment decisions.The consultation paper is available at: https://www.sec.or.th/EN/Pages/PB_Detail.aspx

investible by Thai mutual funds. This includes foreign CIS in other forms, such as commodity-based trust.** The qualification requirements for foreign CIS are: (1) the issuance and offering is under the

The SEC has ordered Zipmex, by virtue of Clause 13/1(3) of the said Notification, to take steps towards meeting the minimum net capital requirements, taking into account clients’ best interest as

at least five members to the board of directors, and of this at least two board members shall be independent directors, as well as to establish an audit committee. These requirements aim to ensure that

from the date of the initial approval. In any case, the filing of the ICO application and registration statement, fee payment and requirements related to ICO must be as specified in the governing

electronic format. In addition, the CMSB has resolved to relax the following requirements for business operations in 2020 to mitigate the impact of COVID-19, namely,(1)   The asset due diligence, (2) the

context of Thailand. This includes ESG disclosure requirements in the SEC’s 56-1 One Report, assessments and consistence with international standards in order for the fund business to serve the demands of

University, who will serve as ad-hoc contest committees and will set out the requirements for scoring, as well as rank the participants as had been done every time before. Additionally, this year’s contest

fundraisers. Currently, there are several companies interested in applying for an approval to operate a debt funding portal business.  In addition, the SEC has amended the overall crowdfunding requirements