private fund from being seized by legal process if asset management companies are in debt, SEC has proposed to revise the related regulations in order that the investors’s assets could be protected if
process if private fund operators are in debt, SEC has proposed to revise the related regulations so that the investors of the private fund could be protected the assets if this situation happens.SEC
suggests that digital asset transactions be executed through licensed digital asset business operators that are supervised by regulators to ensure that such investment is protected by law. In this regard
are advised to take precautions when considering to use the services of unlicensed digital asset business operators, as they may not be protected under the governing Thai laws and may fall victim to
protected by Thai laws and may fall victim to frauds and scams as well as money laundering schemes. With reference to the recent occurrence, a foreign private digital wallet service provider has solicited
securities and derivatives business. Accordingly, investors will be protected in that their investment money will be segregated from that of the business operators while investments will be handled and
means the records of investors’ assets under custody of the business operators must be accurate, complete and updated while the assets must be properly protected from relevant risks. Therefore, the SEC
offering and to strengthen proper investor protection mechanisms. Pursuant to the amended regulations, investors’ rights will be protected fairly according to the characteristics, forms and risks of the
? demands. This is to ensure that debt securities will continue to be a key product of choice for fund mobilization, while investors are better protected. Assistant Secretary?General Charuphan Intararoong