Bangkok, August 28, 2015 ? The SEC has amended rules governing issuers? qualifications to further enhance the efficiency in the securities public offering?s reviewing process of non-listed companies
, particularly new-gen groups, for digital asset and fund raising businesses operation such as issuance of digital tokens or ICOs.As such, “SEC finds it necessary to enhance knowledge and understanding
SEC Secretary-General said “With respect to the policy of SEC to enhance the protection for investors in the capital market, auditors and audit firms is deemed to play an important part in the
comply with international standards. In addition, to enhance protection of investors’ interest, SEC is proposing to revise the regulations related to ICO portals including the approval process, IT
in the part of employments and activities of directors and executives of listed companies. The proposed amendment aims to enhance disclosure of information by requiring that directors and executives of
revision aims to promote greater varieties of product choices for investors and enhance competitiveness of the fund management industry. The draft amendments have taken into consideration the comments and
, subject to the specified criteria, thus removing the former regulatory restrictions that the eligible businesses are limited only to those Board of Investment (BoI)-promoted.The revisions will enhance
other related rules. The draft amendment, having previously undergone a focus group consultation, aims to remove impractical procedures and enhance consistency of relevant provisions under the principle
., institutional and high net worth investors, to enhance competitiveness of asset management companies and diversify choices of investment for investors with higher risk tolerance. The draft revision aims to allow
investment advice service. Tipsuda Thavaramara, SEC Deputy Secretary-General said that capital market regulators around the world are now embracing technological advancement to enhance efficiency and