Currently, sustainable investing has gained continuous interest from global investors. Both the SEC and the Securities and Futures Commission, Hong Kong (SFC) place importance on promoting the sustainable development of the respective capital markets. In the initial phase, the SEC has developed Additional Guidance for disclosing sustainability information for Hong Kong's ESG Funds, intending to use the SRI Fund symbol when marketing such funds in Thailand under the HK-TH MRF project, whic...
The CIG board approved the purchase of ordinary shares in OW from Mr. Alex Loo Liat Wah at a purchase price of 180 baht per share, totaling 435 million baht, representing 24.17% of OW’s total issued and paid-up shares. The size of this asset acquisition transaction is up to 49.99% based on the total value of consideration. OW was established on 15 January 2025 for operating a gold mining business and obtained management and development rights for a mining project in Canada. Additionally, the boa...
The issuance of the notification is in response to the consideration that (1) digital asset traders should be informed about potential risks associated with the use of digital asset storage services provided by DA operators for their risk assessment and decision making, since digital assets are created on blockchain technology with storage in digital wallets, a means of storing different from those of other assets, and that (2) there have been reports about a number of foreign DA operators...
The SEC’s amended regulations related to shelf filing of ICOs and the change to the limit and total amount of funds raised from retail investors aim to increase options and flexibility for ICO filing, allowing issuers to align ICO filing with the nature of digital tokens to be offered. This initiative also aims to promote the use of technology in fundraising without compromising appropriate investor protection. The SEC conducted a public hearing on the proposed principles and draft amendments to...
The BOT and the SEC previously discussed and reviewed the benefits and risks of digital assets and deemed it necessary to regulate and control the use of digital assets as a means of payment for goods and services to avert potential impacts on the country’s financial system stability and the overall economy as well as potential risks toward the public and business sectors. For example, risk on loss due to price volatility, cybersecurity risk, risk on personal data leakage, and exploitation as a...
Increasingly, Thai investors tend to gain more interest in investing in foreign products to diversify their investments and seek more opportunities to generate returns. As a result, securities companies and derivatives business operators (“business operators”) including those from foreign countries show growing interest in providing such foreign products to Thai investors as well. The SEC has published a statement to enhance the understanding of foreign business operators interested in provi...
Issues and Challenges” under the Strengthening Corporate Governance of Listed Companies Initiative. The seminar aimed to reinforce the role of financial advisors as gatekeepers in preparing companies for
auditors on issues and case studies related to the accounting and auditing of IPO and listed companies, featuring presentations by representatives from the SEC. The sessions covered perspectives and
Following the joint meeting on 2 March 2020 with the Department of Business Development under the Ministry of Commerce, the Ministry of Digital Economy and Society and the Stock Exchange of Thailand (SET) to discuss possible solutions to the AGM holding of listed companies amid the spread of COVID-19, SEC has disseminated the circular and frequently asked questions to inform all listed companies of relevant guidelines to be implemented in the same direction. For example, guidelines for mi...
Recently, the Securities and Exchange Commission (SEC) has conducted investigations and found that Bybit .com (https://www. bybit .com), 1000x .live (https://www. 1000x.live), CoinEx (https://www.coinex.com/), OKX (www.okx. com/th), and XT.COM (www.xt.com) had provided services of digital asset trading platforms without license. The SEC therefore filed criminal complaints with the Economic Crime Suppression Division of the Royal Thai Police for offenses liable to be unlicensed digital asset busi...