applicant must possess and maintain the criteria for operations stipulated for the Self-Regulatory Organization (SRO) in line with the standards of the International Organization of Securities Commission
, for example, in case of loss of clients’ assets. SEC Secretary-General Ruenvadee Suwanmongkol said: “Technology is key to digital asset business operations. The SEC thus gives a special emphasis on
demonstrate high-standard qualifications including financial readiness, personnel and operating systems. The operations of successful applicants should comply with related international standards such as the
must be made to the operations system, the accounting system, the database, and the internal control system. Training on accounting knowledge must be provided from the origin, in order to accommodate
companies should be careful in disseminating news or information related to the companies’ operations because disseminating news or information that is inconsistent with facts or may cause material
framework with the belief that the business sector being driven by the framework of the guiding principles will be strengthened in the management of operational risk. More importantly, the operations of
provide investment advisory services; 4) process and operations of the business operator, such as, reporting of investment results, adjustment process, investment strategy by presenting information for a
companies, as an institutional investor, understand the risks and effects of climate change on business operations; and (3) to promote role of Thai capital market as one of the driving force to help
of by unfair business operations. However, other types of risks are also present, such as business risks of entities and the risk due to volatile prices of digital assets.Lastly, “Knowing SEC’s
capital of 5 million baht, requiring to have proper management structure and adequate personnel for business operations. ICO portals must be well-prepared to due diligence ICO issuers, assess business