market regulators established in 2004 under the auspices of the ASEAN Finance Ministers comprising all 10 ASEAN member countries namely Brunei, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, Philippines
framework to facilitate cross-border offerings of a variety of fund structures to retail investors while maintaining appropriate investor protections. It was established under the auspices of the APEC Finance
, qualifications of ICO portals, and eligible types of investors.Initially, the approval for digital token offering would be limited to companies established under Thai law in accordance with the policy of the
domestically established. The amended notifications were published in the Royal Gazette and came into force on 16 December 2023. The ETFs established before such effective date shall comply with the revised
investment grade* from an international credit rating agency established under foreign law (international CRA), (ii) appoint a bondholder representative, and (iii) register the baht bonds with the Thai Bond
supplemented to the application filed by the applicant under Paragraph 1 above; (3) documents demonstrating that the ASEAN Collective Investment Scheme is established legally under the law of the jurisdiction
principles were developed cov- ering implementation and enforcement, and mechanisms that should be established for parties to pro- tect their rights. However, the Principles seek to minimise the risk of over
not subject to Thai law and supervision of the Thai regulator. In addition, discussions with relevant enforcement agencies have raised concerns that digital assets may be used as a tool to commit
’ digital assets, have raised concerns over cybersecurity. The SEC is therefore urging digital asset business operators to emphasize the importance of cybersecurity on a continuing basis and to assign a
Real Estate s.r.o. (“VBRE”) (the Company’s newly established subsidiary in which the Company indirectly holds 100% of the total issued shares through Lombard Estate Holdings Limited, the Company’s