necessary or do not keep pace with situations or remain obstacles to livelihoods or engagement in occupations will be abolished or revised to lessen burdens on people. By doing so, methods used must be done
SEC proposes the amendment to Securities and Exchanges Acts in various aspects so that the law would be more flexible, able to keep pace with new development and suitable for actual use. It also aims
Following the announcement of BX (which formerly operated in digital asset exchange business) that its business operations will completely shut down on 3 April 2020 which means it will stop servicing clients who want to reclaim their assets and will lay off all employees,SEC found out that clients’ digital assets which remained under control or in possession of BX were transferred thereafter to other out-of-control wallets without client’ instructions. That actions incurred losses to other...
amended regulations in this matter have come into force since 16 July 2021. The AIMC is responsible for issuing relevant rules under the SEC’s approval, as part of the investor protection mechanism. If
market. In order to do this, the Thai capital market must rely on the driving force of the intermediary business operators in driving and strengthening the capital market to become an effective vehicle
that required to keep in a non-network-connected system unless the online execution of transaction is warranted (cold wallet); specifying the qualification of a digital asset custodian; and laying down
that required to keep in a non-network-connected system unless the online execution of transaction is warranted (cold wallet); specifying the qualification of a digital asset custodian; and laying down
5644pe.doc documented or electronic information. Clause 7 A derivatives broker shall keep the evidence relating to derivatives trading under the following criteria: (1) records of advice given to customers and
new regulations come into force, further 345 reports* will be submitted in the same method. SEC Secretary-General Ruenvadee Suwanmongkol said: “The SEC aims to facilitate e-submission services
the results of which showed that most respondents agreed with the guidelines proposed by the SEC. The revised rules have come into force since 1 January 2022. _______________________Remarks