The Securities and Exchange Commission (SEC), led by Secretary-General Pornanong Budsaratragoon along with executives, and the Thai Digital Asset Association, led by President Nares Laopannarai
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
digital token holders.The SEC has therefore amended the regulations governing supervision of real estate-backed ICO, as part of the short-term implementation plan to tighten supervision of digital token
advertisements and prepare monthly report on advertising oversight for board of directors’ approval. The monthly reports are then compiled and submitted to the SEC on a quarterly basis; (3) Clarifying clearly
an ICO portal would be repealed in order that the oversight of digital asset offering would be suitable for the risks associated with the digital assets to be offered;With regard to the supervision
at developing the Thai digital asset market. This includes coordinating with relevant authorities on tax matters and amending legislations related to digital assets and oversight regulations in the
The SEC’s policy is to strengthen the oversight of digital asset business operators with a focus on quality and reliability enhancement of such business operator to protect investors. This means the
, Malaysia?s Audit Oversight Board (AOB), Indonesia?s Finance Professions Supervisory Center (PPPK) and Thailand?s Securities and Exchange Commission (SEC).Areas of collaboration between the AARG and the World
During January – March this year, the SEC conducted a public hearing on proposed amendments to the PVD Act to support the development of fund structure, enhance the member protection mechanism with fair treatment and transparency, and increase flexibility for management of member contribution. Most respondents agreed with the proposed amendments and suggested further details for the amendments. The SEC has taken the public and stakeholders’ comments and recommendations into consideration....
The Securities and Exchange Commission (SEC), led by Secretary-General Pornanong Budsaratragoon, along with SEC executives, held a meeting with the Thai Listed Companies Association (TLCA), led by Chairman Chanin Vongkusolkit and TLCA members, to discuss strategies for the development and promotion of supervision over listed companies. The discussions covered measures to prevent adverse behaviors of listed companies, as well as other policy directions that would help reduce challenges to...