cyber threat to ensure that clients’ digital assets under their custody are safe. Essentially, digital asset business operators are required to establish a cybersecurity system in accordance with the
services to protect investors’ asset and stringent supervision on asset separation to keep private funds safe without asking for the approval of being custodian again. Such move will improve flexibility
services to protect investors’ asset and stringent supervision on asset separation to keep private funds safe without asking for the approval of being custodian again. Such move will improve flexibility
, banking, and capital market sectors will remain secure and safe. The discussion was joined by Air Vice Marshal Amorn Chomchoey, Secretary General of the National Cyber Security Agency, and Khun Sirithida
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
process if private fund operators are in debt, SEC has proposed to revise the related regulations so that the investors of the private fund could be protected the assets if this situation happens.SEC
suggests that digital asset transactions be executed through licensed digital asset business operators that are supervised by regulators to ensure that such investment is protected by law. In this regard
are advised to take precautions when considering to use the services of unlicensed digital asset business operators, as they may not be protected under the governing Thai laws and may fall victim to
, the SEC urged short-term debt issuers to secure a reserve fund to prevent liquidity issues. In this particular case, the company must clarify information to investors to prevent damage to the overall
digital asset business that would be required to apply for a license. The SEC later conducted a public hearing on a proposal to revise the regulations in this matter to ensure safe and standardized digital