the assessment process to evaluate the qualifications of the applicants seeking licenses to operate digital asset businesses. If an applicant is qualified, SEC will propose Minister of Finance to
applicant would have to apply for a new approval, as a renewal application would no longer be applicable. Therefore, the SEC recommends that all applicants carefully consider the timing of their submission
While all securities companies were required to have paid-up registered capital at the same amount of 100 million baht, the new rules require that applicants and licensees of all types of
The amended rules on approval of ICO portals give the applicants more flexibility and reduce risk on developing/investing in high-cost work systems while the approval process is underway
. This time, SEC establishes the regulations concerning related businesses for applicants requesting operating licenses. Such businesses include standards for operating businesses and work systems
applicants asking to become digital token and cryptocurrency advisers will be set at 15,000 baht each, and license fees for digital token and cryptocurrency fund managers will be 500,000 baht each. SEC
the qualifications of applicants for approval of debt offerings in accordance with consistent guidelines and standards to ensure greater clarity and practicality.The proposed regulations for issuance
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
securities, and revises the law to encompass the digital trading in securities; (2) revises overall provisions regarding over-the-counter center i.e., the establishment, qualifications of applicants
efficient technology systems, a system to review and assess customers’ suitability, which is very important as digital assets contain high risks. Once applicants for licensing are well-prepared and have