companies to enhance and maintain the quality of their corporate governance practices in line with international standards. We are truly delighted that Thai listed companies continue to progress in their
been coordinating with Lawyers Council Under the Royal Patronage, the Stock Exchange of Thailand, and the Thai Investors Association to encourage the injured persons in the capital market to use Class
proper licenses to alleviate the risk of frauds. Moreover, it is advisable to be cautious when being solicited to invest in ICOs or to buy any digital token for the time being since there are neither
key qualifications as follows: (1) a Thai company as a limited company or a listed company; (2) the required amount of a registered capital; (3) well-preparedness in work systems, financial status
signatories for the benefit of clients in choosing Asset Managers. Other Institutional Investors who are not regulated by the SEC, and who follow the I Code, are also encouraged to notify the SEC with the
association relating to securities businesses with the objectives of promoting the operation of securities businesses by the virtue of provisions under the Securities and Exchange Act B.E 2535 only. In so
already obtained their respective licenses while others are in the application process. They each deploy different data types and structures in their business operation. The SEC is therefore proposing draft
of minors are subject to several provisions of the Civil and Commercial Code, which may cause a risk to minors regarding the effectiveness of their legal acts and a risk to digital asset business
market in terms of liquidity, market capitalization, corporate governance, and sustainable development to increase visibility and gain recognition of the Thai market in the international community. The SEC
cover enforcement of investors’ rights. This regulation will effect from 1 May 2020. Presently, several companies are interested to raise fund through digital token offer to finance their investment in