disclosure, a prospectus, progress reports of a project and use of proceeds. The offering of digital token must be made through ICO portals approved by SEC Board. The role of ICO portal is to perform due
.?Ease of investment rules for mutual fund aims to widen both investment and fund raising opportunities for large projects in the GMS countries which have high growth potential?, Vorapol said.
reading, and (3) promoting the use of an interactive channel, if appropriate, such as app-based information service to better suit investors? digital lifestyles.The consultation paper is available at
regard, the SEC urges investors to be cautious in making use of news coverage on securities offering or fund establishment and listed companies? profit forecast, if it has not approved by the SEC or not
any country or any sector. For example, a higher-than-80-percent concentration in any sector would represent high risk. In addition, a risk warning statement would have to be printed on the cover of
, Thailand (SEC) and the Singapore Exchange (SGX) have signed a Memorandum of Understanding (MOU) to establish a Streamlined Review Framework for the ASEAN Common Prospectus. The Streamlined Review Framework
a filing and a prospectus and lessen a duty for digital token portals.Given high risks and uncertainties of a project during pre-ICO and private sale, and limited information disclosure to
underlying purpose of the Royal Decree on Digital Asset Businesses B.E. 2561 (2018), which has come into force on 14 May 2018, is to regulate and supervise the use of digital assets as fund-raising instruments
The amended rules on approval of ICO portals give the applicants more flexibility and reduce risk on developing/investing in high-cost work systems while the approval process is underway
documents in order to lure the investors into believing that their subscription transactions had been executed and recorded when in fact Napasook did not use the money to subscribe for the fund units as