similar form of fundraising and benefit generation. In essence, the amendments support enhancement of digital token offering supervision with proper investor protection mechanisms and a focus on fair
to harmonize all regulations on foreign companies? share offerings and ensure that Thai investors have protection comparable to that under Thai law. In this regard, the foreign companies are required
SHARE : SEC public hearing on proposed amendments to digital asset business rules to increase flexibility and investor protection Wednesday 11 December 2019 | No. 180 / 2019 Bangkok, 11 December 2019
of fundraising and benefit generation. In essence, the amendments support enhancement of digital token offering supervision with proper investor protection mechanisms and a focus on fair protection of
to collect, use or disclose personal information on the legal basis of public interest in accordance with Section 24(4), Paragraph 1(2) of Section 25, and Section 27 of the Personal Data Protection Act
its revenue from providing mobile phone service during the subscribers protection period starting from its entering into the interim subscribers protection measure pursuant to the NBTC’s Notification on
money market funds was 240 billion baht, or 3% of savings deposit. In the future the Deposit Protection Agency would reduce the maximum insured amount of bank deposit to only 1 million baht. Hence, money
eliminating obstacles for issuing companies while maintaining proper protection and fairness in allotment of securities for investors. Also, rules on prevention of conflict of interest arising from securities
choices for investors with appropriate weight given to investor protection.