. No. 4 – Revision has been made to remove restrictions and minimize service users’ burden for proof of identity and identity verification. (Previously, service users had to be present in order to submit
relating to the financial aspect of business operators, for example, the number of shares held, shareholding proportion, trading account numbers. Verification data: Data for verification purposes, for
test of using cross-bank identity verification through the National Digital ID (NDID) platform for opening a digital deposit account in the Bank of Thailand’s Regulatory Sandbox. Regarding insurance
agencies to block social media accounts engaged in fraudulent investment activities. “The SEC examines the customer identity verification (KYC/CDD) systems of digital asset business operators regularly
participation in this regulatory sandbox is expected to solve issues in corporate bond market. This includes the issue of time-consuming process for verification of bondholders’ ownership and the lack of
requirement in the identification and verification process for the onboarding clients who already have relationship managers elsewhere outside the premise or the clients who have a life-time ID card without
know-your-customer requirement or e-KYC via online methods. The use of authentication and verification under the National Digital ID (NDID) system will make it convenient, quick and reliable to open
an account with, they should seek verification from the firm before making any transactions.? Before making decision to use any wealth management services, investors can check the list of licensees and
) Regulatory sandbox: revising the definition of securities businesses to include an emerging business model that uses financial technology to experiment and offer innovative products and services to investors