incurred by the SEC). In addition, the offenders are subject to a suspension from trading securities and derivatives for 14 months or 8.5 months, as the case may be, and a bar from serving as

check payable to AJD at the amount of 145 million baht, specifying Winsound (Thailand) as the payee, claiming that the payment was a deposit for the purchase order for set top boxes from a company in

of unlicensed digital asset exchange is liable to an imprisonment term from two to five years, and a fine from 200,000 to 500,000 baht and a daily fine not exceeding 10,000 baht throughout the

incurred by the SEC), a suspension of trading in securities or entering into derivatives contracts for a period of 14 or 30 months  (as the case may be) and a bar from serving as directors or executives in

According to the information from the Stock Exchange of Thailand (SET) and SEC’s further investigation, it was found that from 25 July to 9 August 2017 (a total of 11 business days) Surin had been

digital assets as a means of payment, aside from its usage as investment, which could potentially impact financial stability and the overall economic system. The use of digital assets in this manner

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

manners. For example, sending buy or sell orders for securities, or buying or selling securities in a manner that pushed the prices upward, placing bid offers in a way that obstructed others from placing

for rectifying the qualifications to be affiliated with an audit firm that meets the requirement of four auditors at a minimum, from 180 days to one year.  The consultation paper is available at

The initiative forms part of the SEC’s policy efforts to strengthen the capital market as a viable source of funding and an important mechanism for supporting small and medium-sized enterprises (SMEs