22 January, most of those commenting agreed on the proposed supervision on ICO of securities tokens. SEC will start from allowing ICO of investment tokens which are not the existing securities like

replace the current regime whereby each license represents a bundle of business undertakings, which proves to be costly to licensees. The revision would allow more flexibility and support future types of

in its Q2 and Q3/2017 financial statements were incomplete and ambiguous, which is likely to affect the rights and interests of shareholders or the decision making on investment. For example, an

notification relating to the promotion of money-market funds as a good short-term investment option.The essential details in the draft notifications are, for example, adding the types of assets in which

, which had been operating business by virtue of the Transitional Provisions of the Emergency Decree on Digital Asset Businesses B.E. 2561 (2018), must cease operation; however, to ensure proper proceeding

’ meeting and other related documents may be sent electronically.At the same time, SEC is setting out a clear guideline for determining in which cases asset management companies may seek an approval from

entity funds or ultra-high net worth investors.In addition, in order to prevent advantages taken against other investors during the public ICO which opens for the general public to invest, SEC will

invest in some claim-to-be digital tokens which is in fact another form of Ponzi scheme. Such scheme can be detected by ambiguous business plans, products or platforms, as well as the lack of trustworthy

(ACMF) is a forum which comprises capital market regulators from 10 ASEAN jurisdictions, namely Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam. The

), which were in force at the time of offence commission. In addition, such act is currently deemed an offence under Section 242 and subject to the punishments under Section 296 and Section 296/2 of the