specifies that digital asset business operators establish measures for controlling and keeping clients’ digital assets securely or deposit clients’ digital assets with a third party custodian who is fully
Bangkok, April 4, 2014 ? The SEC hosted the ?SEC for CEO Forum? to leverage private sector to tie sustainability to their business operation and prepare for mounting technology risk.Vorapol Socatiyanurak, SEC Secretary-General said that the SEC hosted ?Modern business, attentive and ready for any situation?, the first ?SEC for CEO Forum? in 2017 to strengthen cooperation and exchange experience and insight between top executives of listed companies and the SEC. The Forum focused on corporate re...
Following the announcement of BX (which formerly operated in digital asset exchange business) that its business operations will completely shut down on 3 April 2020 which means it will stop 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 to other out-of-control wallets without client’ instructions. That actions incurred losses to other...
operators had liquidity problems and risks exposure on their asset keeping, the SEC, on 30 December 2022, had therefore instructed DA operators to provide their clients with information disclosure and risk
derivatives agents. The proposed rules aim at enhancing service quality and keeping up with advanced IT systems such as use of cloud computing service, IT human resource security, encryption and incident
At present, money market funds are used by investors as a tool to manage liquidity and a place to park money for a short time, besides keeping it in banking accounts. As of February 2018, the size of
SEC issues a notification of the capital market supervisory board revising rules regarding the establishment of audit committee of securities companies by requiring a securities company keeping its
and underwriting of investment units and securities borrowing and lending. This is to ensure sufficient information for monitoring and examining safe-keeping of client assets. The consultation paper is
future revenue rights during a certain period to the fund while retaining title, management and control over the assets. In doing so, feasibility studies and regulatory restrictions of the infrastructure
At present, money market funds are used by investors as a tool to manage liquidity and a place to park money for a short time, besides keeping it in banking accounts. As of February 2018, the size of