Bangkok, April 2, 2015 ?The SEC and the Department of Business Development (DBD) of Ministry of Commerce have jointly promoted ?crowdfunding? as an alternative fundraising channel for small and medium-sized businesses (SMEs) and startups. Crowdfunding will help widen access of those businesses to lower cost sources of finance, which will support their business strengths for the age of AEC and international connectivity. Vorapol Socatiyanurak, SEC Secretary-General said, ?In Thailand, SMEs accoun...
, from the opportunities and the associated risks to the terms and conditions. This is because applicants for the crowdfunding option are generally SMEs and startups with a small business size or at the
Spokesperson in accordance with the new organizational structure.* Currently, Mr. Anek Yooyuen holds the position of Deputy Secretary-General overseeing the Strategy and Planning Division, the Organizational
are different from REIT regulations. For example, the real estate-backed ICO currently lacks a mechanism for monitoring and overseeing the management of assets and for protecting the interest of
basis after the AGM meeting has been held. This postponement option is pursuant to the Notification of the Department of Business Development regarding Measures for Handling the Spread of COVID-19 in
may affect investors. The SEC however will continue overseeing the testing of the system closely. The implementation of blockchain technology to support capital market processes under regulatory
percent of the NAV at daily closing. This liquidity boosting option is valid until 30 April 2020, as part of the key measures to help asset management companies manage the assets under management more
Oversight Department Apichaya Follett led the presentation on “Overseeing the Quality of Financial Reporting Process”, followed by Director of Corporate Finance Department 3 Songyod Bunjoungmanee on the
The meeting discussed important developments and course of actions in overseeing and developing the capital markets of member jurisdictions. For instances, issues around harmful but legal conduct
and guidelines for overseeing risk management and management of digital wallets and keys as well as communication to clarify such policy, action plans and procedures, work supervision and internal