During the meeting with Mr. Renaud Meyer, UNDP resident representative to Thailand who has begun his term since 26 March 2019, SEC Secretary-General Ruenvadee Suwanmongkol reaffirmed SEC’s readiness
extension to the time frame of readiness preparation for business commencement in case of necessity. In addition, the regulations governing key aspects of digital asset business operation would be amended
of the PF business to replace the present fixed and detailed regulations. The scope of amendment includes, for example, corporate structure, personnel readiness, fees, investment management, prevention
appropriate and flexible but will mostly be based on the same principle. The revision will cover various systems for example, operating systems relating to organizational structure and personnel readiness
providers are still responsible for any actions operated by the outsourced company while the outsourced company must also have the readiness in both personnel and the operating system, and such operation
details, that cover several issues such as personnel readiness, investment management, receiving and delivery of funds’ assets and risk management.SEC has studied the supervision in other countries and
and mechanism for risk management, readiness of work systems and personnel, analysis and selection of digital assets to invest, and investment tracking tools, etc. Listed companies should also consider
service for investment in mutual funds; and (5) demonstrate readiness in terms of financial condition, operational systems and human resources.?The new type of selling agents will not only promote
line with international practices. The proposals aim to support market readiness for current dynamic environment resulted from freer flow of capital and ever more connected capital markets and economies
world. SEC thus promotes application of ESG principles in the Thai capital market in all aspects, from the areas of products, issuers, investors and the preparation for readiness of intermediaries* as