Earlier, the SEC conducted a public hearing on the principles for revising the rules on the maintenance of net capital adequacy for business operators in the part related to the use of subordinated
customers, to be ready for competition from international players as a result of the Bank of Thailand?s policy to allow investors to invest overseas directly without servicing of Thai business operators in
servicing clients who want to reclaim their assets and will lay off all employees,SEC found out that clients’ digital assets which remained under control or in possession of BX were transferred thereafter
The move follows SEC hearing at the end of 2018 on the amendment of the regulations on the maintenance of capital of investment management companies that manage property funds and infrastructure
, the rules, which are currently in effect, should be revised with respect to maintenance of NC in case of abnormal increase in transaction volume of the business operator to the effect that the
securities and derivatives businesses.In addition, SEC introduces additional regulations on operating businesses like a professional to all types of digital asset business operators. Examples include servicing
SEC plans to revise the criteria on the maintenance of the net capital (NC) of securities and derivatives business operator. SEC has, therefore, conducted a public hearing on this matter, in
. Meanwhile, the Stock Exchange of Thailand is in the process of drafting rules on maintenance of listing status whereby appropriate qualifications of CFOs and accountants in line with the overall ecosystem of
, such as notifications regarding handling of complaints or maintenance of capital/financial status.SEC welcomes and will take into consideration more public comments which may be related to
Kullapa shall separately pay a civil penalty and a reimbursement of the investigative expenses incurred by the SEC, at a total amount of 598,082 baht each, and shall be barred from servicing as director