With reference to the recent occurrence, a foreign private digital wallet service provider has solicited investors in Thailand via social media to trade digital assets by linking investor trading activities with another foreign digital asset trading platform and allowing payment for the transactions made in Thai baht through Prompt Pay and Thai QR. Such provision of services may be deemed the undertaking of digital asset business without license, subject to the offenses under the Emergenc...

trust assets, provided that the initial trust asset shall be the money received from the initial offering of the units; (8) the date of trust creation. 4 Clause 5 The stipulation concerning the units

companies, both financial and non- financial. To the extent they are deemed applicable, they might also be a useful tool to improve corporate governance in companies whose shares are not publicly traded

with the generally accepted accounting principles (GAAP). Such items are as follows: 1. POWER has not provided an allowance for potential loss of the share purchasing receivable with the

that those personnel must be equipped with knowledge, capability and approved by the SEC. The business operators must apply necessary assessment procedures to ensure that their investment consultants

provided suggestions on how to shape the environment for market forces to work effectively, for instance, quality information and fair competition.SEC Secretary-General Rapee Sucharitakul said “For the

SEC Secretary-General Rapee Sucharitakul said that there had been several fraud cases regarding investment in digital assets which might result in a huge loss for investors. This led to the

investment mandates. Asset owners should be better equipped to evaluate asset managers, and asset managers should be better informed, enabling them to tailor their services to meet asset owners’ requirements

things, which might otherwise lead to an unnecessary profusion of peripheral, trivial or irrelevant disclosures. 2.5 Key performance indicators Disclosure should include key performance indicators that are

. Details on connected persons and the area of interest of connected persons Name list of shareholders of the Company who are the connected persons and might have the conflict of interest are as follows: Name