Bangkok, 17 January 2023 – The Securities and Exchange Commission (SEC) has issued regulations requiring digital asset business operators that provide custody of clients’ digital assets to establish
establish witness protection measures which can be granted during the stage of SEC’s investigation. The measures will provide SEC another prospect to obtain credible information and evidence that will
providers. In addition, investment token issuers who provide deposit and custodial service on self-issued investment tokens would be required to establish a system or mechanism for clearly segregating DA of
should establish a framework for governance of enterprise IT that is aligned with the company’s business needs and priorities, stimulates business opportunities and performance, strengthens risk management
independent directors, as well as to establish an audit committee. These requirements aim to ensure that DA operators will have a proper organizational structure with checks and balances in their management and
to establish a cybersecurity system in accordance with the regulations specified by the SEC and arrange for IT security audit and a penetration test by a knowledgeable and skilled auditor who is
Thailand.The ACMF agreed in March 2019 to establish a Digital Asset Oversight Network (Network) to promote information sharing amongst regulators in light of the https://www.sec.or.th/EN/Pages/News_Detail.aspx
Regulation. Clause 2 Securities company or organization relating to securities business intending to establish limited company or public limited company to undertake securities finance business shall file an
to undertake securities finance business shall be specified in this Ministerial Regulation. Clause 2 Securities company or organization relating to securities business intending to establish limited