supervision, promotion of savings and long-term investment and sustainability funds. This includes revision to regulations in line with current circumstances to foster trust and confidence in the Thai capital
digital asset business operators under the SEC’s supervision are: 1. Digital Asset Exchange 2. Digital Asset Broker 3. Digital Asset Dealer 4. Digital Asset
primary purpose is consumption or being a digital representation of a certificate (Utility Token Group 1) are exempt from the supervision under the Emergency Decree on Digital Asset Businesses B.E. 2561
the SEC’s supervision. Under the new rule, which will become effective from 1 October 2022 onwards, the qualifications of such investors are amended to incorporate an aspect of adequate financial
supervision would expand to cover additional entity types under the SEC regulations; (2) Define clear roles, responsibilities and involvement of the board of directors, including the governance body, to ensure
implement mechanisms for the supervision of its affiliated and associated companies. These mechanisms must be examined by the holding company’s audit committee and board of directors. Measures ensuring that
relationship through capacity building programs in the areas of bond market development, mutual fund and provident fund supervision as well as a preparation for self-assessment to become an ordinary IOSCO
the execution of electronic transactions which would be deemed as fully legitimate as normal transactions, for example, transactions related to businesses under the SEC supervision, subscription
’ decision making; (4) None of the intermediaries or selling agents under the SEC supervision have been licensed to undertake digital asset businesses; (5) These ICOs may lack trading liquidity and may not
supervision scheme follows a similar regulatory framework to the one governing equity crowdfunding in several dimensions including: (1) issuers are allowed to offer either secured or unsecured debentures via