flexibility and clarity. The revisions include, for instance, allowing issuance of structured notes denominated in Thai and foreign currencies; harmonizing issuers? types and qualifications both in public
could affect the preparation of financial statements of listed companies. The main objective of the guidelines is to ensure clarity of application of accounting standards in financial statements of
Bangkok, January 21, 2014 ? The SEC revised rules governing provident fund investment for more clarity and flexibility in line with international standards. The new rules have become effective in
relaxation of the regulations on digital token offering to lessen obstacles of issuers who need fund raising via private placement, while a mechanism to protect investors is appropriate. The Royal Decree on
for every case even though it will be offered via private placement. For example, the normal regulations will be obstacles in the process of pre-ICO and private sale.Therefore, SEC intends to relax
“Thailand has confronted main obstacles for startups: laws; funding sources; and competent personnel. All parties must cooperate to tackle these problems. Successful startups must understand consumers
guidanceAs legislation has been drafted and administrative arrangements put in place, some additional clarity can now be provided about the laws that will apply in each economy to incoming Passport Funds. The
enterprises. The proposal is to alleviate obstacles in such securities offering and encourage private sectors and the public to participate more in national development in line with the government's policy
restrictions or obstacles in business operations in order to prescribe rules which are appropriate, practical and beneficial to stakeholders. This revision of notifications is not applicable to securities
order that the operation system will be more appropriate and flexible and in line with various types of business models. The operation system will also reduce burdens and obstacles in the business