SEC is proposing to codify and revise notifications prescribing rules on the operating systems and service provision of securities companies and derivatives business operators to be more appropriate and flexible but will mostly be based on the same principle. The revision will cover various systems for example, operating systems relating to organizational structure and personnel readiness, customer service and information system, internal control system, and risk management system. In add...
with the laws governing corporate conduct.Such regulations will be enforced on new comers who apply for the licenses and existing digital asset business operators before the royal decree on digital
Know-Your-Customer (KYC) and Customer-Due-Diligence (CDD) and set up preventive measures against money laundering. Existing operators which have been undertaking digital asset businesses prior to the
In pursuant to the Royal Decree on Digital Asset Businesses, B.E. 2561, which took effect since 14 May 2018, allows existing digital asset business operators who submit their requests to SEC within
In pursuant to the Royal Decree on Digital Asset Businesses, B.E. 2561, which took effect on 14 May 2018, allows existing digital asset business operators who submit their requests to SEC within 90
: digital tokens; and cryptocurrency.(2) Determining qualifications, conditions and procedures for obtaining operating licenses will be in line with the existing digital asset licenses.(3) License fees for
Bangkok, 25 February 2019 ? The SEC is seeking public comments on the proposed rules for intermediaries to provide assisting tools to asset allocation and investment planning. This would allow
against money laundering. Existing operators which have been undertaking digital asset businesses prior to the effective date of the Royal Decree and wish to continue their business operation must file an
billion baht, and to authorize NUSA’s Executive Board to consider the sale conditions for each asset. On 28 December 2023, NUSA informed the SEC that the company had not yet entered into any contracts to
businesses in case they fail to maintain capital adequacy as required.SEC has proposed a grace period of two years for existing asset management companies and trust managers in operation before the effective