be enforced. The SEC Office present the case to the Civil Sanction Committee (“CSC”). CSC determines which civil penalties shall be imposed. Does he pay monetary sanctions determined by CSC/ Court

investigation.” SECTION 18 The name of Chapter 12: Penal Provisions of the Securities and Exchange Act B.E. 2535 shall be repealed and replaced with the following provision: “Chapter 12 Criminal Penalties

shall be in the form specified by the Minister. SECTION 66 In the execution of his duties under this Act, the competent official shall be an official under the Criminal Code. Chapter 8 Sanctions, Statute

specified by the Minister. SECTION 66 In the execution of his duties under this Act, the competent officer shall be an officer under the Penal Code. UNOFFICIAL 16 Chapter 8 Sanctions, Statute of Limitation

enforcement of the Emergency Decree and has the power to issue ministerial regulations and appoint competent officers to perform duties in accordance with the Emergency Decree. I. Sanctions The contravention or

DRAFT (Translation) DERIVATIVES ACT B.E. 2546 (2003) (As Amended) BHUMIBOL ADULYADEJ, REX., Given on the 3rd Day of July B.E. 2546; Being the 58th Year of the Present Reign. His Majesty King Bhumibol Adulyadej is graciously pleased to proclaim that: Whereas it is expedient to enact a law governing derivatives transactions; Whereas this Act contains certain provisions relating to the restriction of rights and liberties of persons, which Section 29, in conjunction with Section 35, Section 36, Sec...

SANCTIONS Section 57. Any person who offers digital tokens in the manner which contravenes, or without an approval pursuant to, the first paragraph or the second paragraph of Section 17, or did not offer

regulator’s actions, the SEC promptly disseminates information to the public regarding administrative sanctions and legal actions against wrongdoers. Under the regulatory process, the SEC regulatory actions are

penalties for offences related to the issuance and offering of crypto asset to the public to be 2 consistent with such amendment of the provision and improve the rate of criminal penalties and change the

treatment and ensure minimum standards of practices. As a result, the authorities must ensure strict legal enforcement and impose sanctions and punishments on offenders so as to maintain the integrity of the