The SEC has amended the real estate-backed ICO regulations to be more comparable to the regulations governing real estate investment trusts (REIT) because both real estate-backed ICO and REIT share
with other laws shall comply with such governing laws.
with other laws shall comply with such governing laws.
Thai bourse as well as the regulations governing offer of sale of depositary receipts (DRs) on foreign securities. The promulgation of those regulations is under the SEC strategic plan, aiming to expand
Measurement and Management Framework in Business and Investment Strategies” with an aim to move forward the Thai capital market’s sustainable development and promote the private sector’s compliance with the UN
governing approval for auditor” means the Notification of the Office of the Securities and Exchange Commission governing approval for auditor issued under the Securities and Exchange Act B.E. 2535 (1992
juristic person licensed to undertake derivatives exchange; “derivatives clearing house” means a juristic person licensed to undertake derivatives clearing house; “Notification governing approval for auditor
derivatives clearing house; “Notification governing approval for auditor” means the Notification of the Office of the Securities and Exchange Commission governing approval for auditor issued under the
amended regulations governing supervision of initial coin offering (ICO) with real estate underlying or real estate income stream (real estate-backed ICO) have become effective as from 1 March 2021. The SEC
Real estate-backed ICO is in the form of fundraising and benefit generation similar to REIT. However, the regulations governing real estate-backed ICO with regard to investor protection mechanism