has taken the respondents’ comments and suggestions into consideration to enhance clarity and appropriateness of the aforesaid principles. In this regard, relevant regulations have been drafted and are
The SEC regulations for SLB issuance and offerings, effective since 16 May 2021, aim to support diversification of financial product types that address sustainability issues and align with the SEC’s
The SEC is considering amendments to the regulations regarding the submission of the financial statements by REIT managers to reduce redundancy and the burdens of REIT managers who are mutual fund
The SEC has initiated an issuance of a notification stipulating rules, conditions and procedures for collecting, disposing, and distributing REIT assets, based upon the Notification of the Capital Market Supervisory Board* applied to the property funds, to lay down a practical guideline for consistent and transparent practices of the business operators, taking into account practicality without hindrance. A public hearing on the proposed principles for the notification had been conducted...
The SEC’s amended regulations related to shelf filing of ICOs and the change to the limit and total amount of funds raised from retail investors aim to increase options and flexibility for ICO filing
Currently, the SEC regulations related to the advertising of ICO portals and ICO issuers require warning statements on investment risks for digital tokens. However, there are still advertisements
the overall capital market confidence. These proposed amendments would also streamline regulations to facilitate business operators in accordance with the SEC's Regulatory Guillotine* by allowing
Pursuant to Section 6(3) and Section 8(1) of the Royal Decree No. 750 issued by the Revenue Department, any VC or PE Trust wishing to receive revenue tax exemption is required to notify its VC or PE Trust status with the SEC. The SEC is therefore conducting the public hearing on the proposed principles and draft relevant notifications, requiring VC or PE Trust preferring revenue tax exemption to notify its respective status with the SEC in accordance with the rules, conditions, procedures as wel...
Due to the reasons that digital assets are created by using blockchain and having unique storage methods, typically in digital wallets, together with recent news highlighted that many overseas DA operators had liquidity problems and risks exposure on their asset keeping, the SEC, on 30 December 2022, had therefore instructed DA operators to provide their clients with information disclosure and risk warnings regarding client asset keeping on their websites and applications.The SEC views that digi...
listed in a secondary market must be a public company limited and have investor protection measures under the law (the Public Limited Companies Act, B.E. 2535 (1992)). The draft regulations would relax