Bangkok, April 2, 2015 ?The SEC and the Department of Business Development (DBD) of Ministry of Commerce have jointly promoted ?crowdfunding? as an alternative fundraising channel for small and medium-sized businesses (SMEs) and startups. Crowdfunding will help widen access of those businesses to lower cost sources of finance, which will support their business strengths for the age of AEC and international connectivity. Vorapol Socatiyanurak, SEC Secretary-General said, ?In Thailand, SMEs accoun...
Cryptocurrency is a financial innovation that is exposed to high volatility. Investment in this digital asset thus requires knowledge and understanding and a risk profile that is not so sensitive to investment loss. The SEC is therefore proposing to specify the qualifications of cryptocurrency investors to ensure proper investor protection mechanism in consistent with the level of risk related to the product. In essence, the public consultation is on the proposed qualifications of cr...
procedures to support funding of startups. Direct investment in startups or indirect investment through VC and PE Trust is eligible for the tax benefit. The SEC regulations have been published in the
assist small- to medium-sized enterprises (SMEs) to gain greater access into funding sources, and to be in line with overseas crowdfunding regulations. It came into force from 16 March 2020.SEC
notify its respective status with the SEC in accordance with the rules, conditions, procedures as well as time periods, as specified, to promote startup funding both directly and indirectly through
Currently, there are SMEs and startups with good potential for growing into large enterprises. However, they lack broad funding tools and face limitations that prevent them from listing on SET and
To ensure that asset management companies primarily manage funds for the investors’ benefits, SEC has revised the regulations in order to control and monitor mutual fund management by requiring asset management companies to authorize persons to mornitor and control mutual fund. The persons performing the duty must have the qualifications as follows(1) Be independent from the asset management company, (2) Be under the supervision of high-level management, (3) Have knowledge, ability and...
, for example, has changed significantly recently. Since last December, SEC has informed SET to monitor the trading activities of such shares closely to protect investors and prevent distortion of the
blocked from these platforms immediately to protect the public from further harm and loss. The Investment Scam Hotline initiative is part of the SEC’s continuing efforts as a participant in the
of lawsuit filed and prosecuted by the plaintiff who collectively represents a group of people who suffer damage from the same causes and wish to exercise legal right to protect own rights. For more