. Similar actions to block unlicensed platforms are also observed in foreign countries such as India and the Philippines. Previously, the SEC enforced the law against unlicensed digital asset business
directors and executives who were his close associates.Mr. Perajed Suwannapasri’s actions constituted a failure to perform his duties with responsibility, prudence, and integrity, causing damage to GIFT or
committed upon the dishonest misappropriation of the fund for personal gains. The actions committed by Mr. Chiyachantana and Ms. Hongsri were liable to be the offenses under Section 308, Section 311
compliance with the law. If the SEC finds any actions by JKN directors or persons involved to be inconsistent with the law, appropriate measures will be taken as deemed necessary. The SEC has emphasized to
termination of service or any other actions in similar manners. The regulations in this matter will become effective as from 1 April 2022. Digital asset business operators who have already provided services
all 10 offenders with the DSI for consideration of further legal actions. In this regard, since the offenses in this case also constitute a predicate offense under the Anti-Money Laundering Act B.E
) under consideration, the penalty already served, the impacts, damage or benefits generated, rectification or other actions benefiting or hindering SEC’s operation, and the record or other past behaviors
three application forms into one, and reducing the required supporting documentation from 19 to 7 documents. The proposed actions above are expected to help cut down paper consumption by 15,000 sheets
actions if the exchange violates laws, rules, regulations, or orders; (5) enhances the supervision of auditors who audit financial statements of securities exchange and over-the-counter center
gather related documents and information. If any directors or executives of IFEC, past and present, are found to have been involved in any wrongdoings, the SEC will take prompt and swift legal actions