In this regard, by virtue of Paragraph 1 of Section 35of the Emergency Decree on Digital Asset Businesses B.E. 2561 (2018), the SEC Board, at the Meeting No. 2/2564 dated 18 January 2021, has passed a resolution requiring Bitkub to submit a rectification plan to the SEC and complete the rectification of the relevant problematic work systems within five days in the following areas: 1) Rectifying the operation under work systems, i.e., the trading system, the deposit and withdrawal s...
of lawsuit filed and prosecuted by the plaintiff who collectively represents a group of people who suffer damage from the same causes and wish to exercise legal right to protect own rights. For more
The spread of COVID-19 pandemic since March 2020 has resulted in severe volatility in debt and equity markets around the world, and consequently stimulated investment outflows from mutual funds and affected the stability of the global financial system. Due to this circumstance, international regulators have decided to issue liquidity measures.Realizing the importance of liquidity risk management process of mutual funds, the SEC encourages asset management companies to strengthen the effic...
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...
corporations depending on their inherent technology risk, which varies in terms of nature of business, organizational structure, business size and complexity of the utilized technology. In addition, the scope of
operators. The proposed amendments are intended to facilitate monitoring and supervising the risk management of businesses, including systemic risk, ensure a fair and orderly market, to protect investors
system capacity management; (5) Enhancing cybersecurity control measures to strengthen and protect the capital market from cyber threats in alignment with the requirements prescribed by Thailand’s
consistent with securities regulations. This approach also aims to protect investors in cases where digital asset business operators provide services beyond the scope of their licenses, leading to license
implementation. 2. Entering a Business Assistance Agreement with AM: IFA is of view that the scope of services, service fee, and other terms and conditions from the agreement are reasonable for GJS?s current
that the derivatives fund manager will appropriately manage the investments for investors to protect and maintain the best interest of investors under acceptable risk exposure, it is necessary that the