Following a public hearing on the proposal to amend the capital adequacy requirements for business operators to ensure that they have sufficient capital to address business risk and maintain business continuity,* the SEC has issued the following key amendments: (1) Allowing business operators to temporarily use qualified subordinated debt exceeding the shareholders' equity without counting them as total liabilities in the calculation of net capital on the condition that they rectify the...
The SEC held a group meeting with nine organizations to integrate collaboration to prevent and suppress digital asset-related frauds and promote investor education regarding digital asset
Broadcasting and Telecommunications Commission, (8) the Anti-Money Laundering Office, and (9) the Thai Alliance against Ponzi Schemes. The main objective of the multiparty collaboration is to prevent and
action. To safeguard investors and prevent unlicensed digital asset trading platforms from being exploited as channels for money laundering, in line with the intent of the Royal Decree on Measures for the
Currently, there are no licensing regulation for digital asset custodial wallet providers in Thailand. Thus, a digital asset business operator who performs safekeeping of clients’ digital assets with a total value of 15 million baht or more* has to store clients’ digital assets with foreign digital asset custodians not subject to Thai law and supervision of the Thai regulator. In addition, discussions with relevant enforcement agencies have raised concerns that digital assets may be used...
Risk Management to Prevent the Use of Securities Business for Money Laundering and Financing of Terrorism
Sukonthaman said: ?The SEC supervision takes into serious account intermediaries? managerial structure and work systems to ensure protection of clients? best interest and the overall market reliability. Some of
on quality and reliability enhancement of such business operator to protect investors. This means the https://www.sec.or.th/EN/Pages/News_Detail.aspx?SECID=9337 ก.ล.ต. จัดงานเสวนาออนไลน์SEC Thailand
and reliability enhancement of such business operator to protect investors. This means the https://www.sec.or.th/EN/Pages/News_Detail.aspx?SECID=9337 ก.ล.ต. จัดงานเสวนาออนไลน์SEC Thailand International