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...
changing international accounting principles. In developing market infrastructure to enhance local players' competitiveness on the global arena, the SEC encouraged securities companies to initiate novel
offering in the shareholders’ meeting notice for the benefit of investors’ decision making. The main purpose is to enhance protection for the existing shareholders and prevent offering of benefits to any
and experiences among experts to keep up with development of accounting principles having effect on financial information disclosure. Vorapol Socatiyanurak, SEC Secretary-General said that the seminar
The SEC has implemented the regulatory guillotine scheme,** which aims to review and revise regulations to suit the current situations, enhance competitiveness, and facilitate operations of
supervised in response to the changing scenarios to enhance investors’ trust and confidence. In this connection, the SEC sets priorities for policy measures, developmental and supervisory, that can keep pace
technology and innovations for capital market development, enhance work process efficiency, lower business operators’ cost, and increase transparency, creditworthiness and traceability. DLT has been used as
surveillance through information sharing to keep pace with cybersecurity threats. In addition, all service users and investors should be aware of the use of technology and the threats that may come with it, by
Currently, asset management companies have established mixed funds with more diversified asset allocation to meet different demands of investors and to enhance efficiency for managing investment
companies and derivatives intermediaries aims to enhance flexibility for business operators in providing services to investors and to support their adjustment to the changing situation. Meanwhile, the SEC