The SEC Board has approved the principles for amending the regulations concerning ICO portals to allow the outsourcing of all system operations related to ICO portals, including certain due diligence tasks. This aims to increase flexibility and business efficiency, as well as to promote the roles of securities business operators (traditional players), thereby strengthening and enhancing the ecosystem. This will help investors access investment tokens more widely and provide businesses with more...
The SEC has provided guidelines for promoting the growth of digital asset custodial wallet providers (DA custodians) by supporting them in maintaining appropriate costs. This initiative aims to increase alternatives for digital asset businesses seeking to store client assets with domestic DA custodians. Additionally, the SEC is working to enhance the digital token ecosystem by facilitating both primary market offerings and secondary market trading. To achieve this, the SEC is reducing the NC req...
GIT is a trust for capital market transactions with the objectives of investing and seeking benefits from environmental projects to alleviate or maintain greenhouse gas according to the criteria as specified by the Capital Market Supervisory Board (CMSB), which includes the investment policy, the seeking of benefits, and the types of investors. Furthermore, GIT does not seek benefits specifically from managing private assets of any persons or groups of persons (private trust), nor does it aim to...
SEC Secretary-General Ruenvadee Suwanmongkol said that since the regulations on details of mutual fund schemes supporting the establishment of SSF to invest mainly in listed securities took effect on 13 March 2020, SEC has already approved 17 such SSFs established by 13 asset management companies. “SEC has expedited the approval process to make sure that IPO of this special SSF can begin on 1 April 2020,” added Ms. Ruenvadee. On 10 March 2020, the Cabinet approved tax exemption on SSF in...
The meeting was chaired by Sirivipa Supantanet, SEC Deputy Secretary-General, along with distinguished members such as Emeritus Professor Vitit Muntarbhorn, Associate Professor Thongthippa Wiriyaphan, Dr. Netithorn Praditsan, Deputy Secretary of Global Compact Network Thailand (GCNT), and Pimpan Diskul Na Ayudhya, Director of Thailand Responsible Business Network (TRBN). The working group believes that this kind of training course will help the business sector to seamlessly integrate human...
management company which accepts the redemption of investment units; (4) “management company” means a securities company licensed to undertake securities business in the category of mutual fund management; (5
execution of transactions as per client’s orders and provided an SEC Hotline 1207 press 8 for Zipmex-related information and complaints in particular, to assist those affected investors.Once the Court accepts
and civil and administrative cases on behalf of the government or state agency when a public prosecutor accepts to take charge of such execution. With a database of debtors under the judgments and