business cessation; however, to ensure proper proceeding of related matters including notification to the clients regarding asset refunds or asset transfers to other digital asset operators according to the

granted general permission. As such, filing for application will be waived but arrangements for credit rating and filing of registration statements are still required to ensure investor protection. Besides

liabilities in calculating net capital. This temporary measure would allow business operators a period to undertake improvements and adjustments to ensure that the subordinated liabilities not counted as

, in any forms or through any communication channels, is given to Thai investors;  3. Revising the required qualifications and assignment period of foreign personnel to ensure that the advisory services

On 15 August 2023, the SEC Board Meeting No. 13/2566 passed a resolution approving the principles for amending the Emergency Decree on Digital Asset Businesses to ensure that the supervision of

, and the trading of transferable custody receipts (TCR) to ensure proper investor protection, convenient diversification of international portfolios and effective development of this type of financial

withdrawal or transfer of clients’ Thai baht and digital assets without disruptions; (4) Ensure adequacy and readiness of the operational systems and personnel for the custody of clients’ assets and management

, it also served as a forum for leading institutional investors, financial firms, and public sector leaders to further engage on how disclosure and governance could be improved to ensure that

margin loans and the loans to any particular client to ensure greater caution;   (3) To establish a concentration ratio for the securities used as collateral by each customer, ensuring it does not exceed

the auditor without the presence of the management at least once a year. - Review the connecting transactions or transactions that may have conflicts of interest to ensure that they are accurate