In November 2019, SEC engaged the Thailand Development Research Institute (TDRI) to conduct a study on laws pertaining to the supervision of audit firms and auditors in foreign capital markets for

of audit quality of auditors. In preparing for the amendment proposal, SEC has assigned Thailand Development Research Institute (TDRI) to study and analyze laws and mechanisms related to supervision

Sucharitkul said “in regard to the hearing result of the supervision on ICO on securities tokens, after allowing related parties to make comments through several channels for approximately three months ending

wallet provider, and other relevant regulations on digital asset business operations. The key points of the amendments are as follows:   (1) Supervision on the ICO of Investment Token: Revoking the

without intermediaries, including links for checking definitions under the law on digital asset business operation.The next topic is “Knowing Us.” Under this topic, a checklist is provided for investors

support for the use of investment tokens as a fundraising tool and the stricter supervision to ensure that digital asset business operators adhere to operating standards and appropriate investor protection

SEC Secretary-General Pornanong Budsaratragoon said: “The SEC focuses on both the development of the digital asset market and the supervision of digital asset business operators. We consider the

converted Thai Baht to pay for goods and services at merchants would be required to open an account and make transactions through digital asset business operators under the SEC's supervision and e-money

. The proposal aims to promote a clear understanding and a standardized protocol for monitoring and supervision of digital asset businesses, and to reduce the necessity for case-by-case data