One of the SEC objectives is to support investors to develop a robust financial health, using the capital market to accumulate wealth in response to their needs. As such, to expand investment choices for investors and enhance competitiveness of asset management companies (AMC), the SEC conducted a public hearing in November, proposing the principles and draft notifications for the amendments to regulations on ETFs, with which most of the respondents’ expressed opinions are in agreement.The SEC h...
In April 2024, the SEC published a public hearing on the proposed principles and draft amendments to the regulations on sustainability-themed ICOs, i.e., green token, social token, sustainability token and sustainability-linked token. Majority of the respondents agreed with the proposed principles and draft regulations. The SEC has therefore issued the amendments to the sustainability-themed ICO regulations to ensure consistency with the regulations for other sustainability-related products in t...
Earlier, the SEC Board passed a resolution approving in principle the proposed regulations related to ICO Governance, which aim to ensure adequate and appropriate mechanisms for protecting investors, promote the ICO issuer’s awareness and responsibility over project management for the benefit of digital token holders, as well as enhance confidence in both fundraising and investment through ICOs. The SEC Board also approved in principle the proposed regulations related to ICO advertising. The SEC...
Earlier, the SEC conducted a public hearing on proposed principles and draft amendments to the regulations for submission of granular data related to clients' assets and transactions of business operators. The proposed amendments are intended to facilitate monitoring and supervising the risk management of businesses, including systemic risk, ensure a fair and orderly market, to protect investors and the overall capital market. Additionally, this will provide business operators with a compr...
On 10 November 2023, the SEC Board Meeting No. 15/2566 passed a resolution approving a regulatory review on the supervision of digital asset custodial wallet providers. The approval included granting an exemption to the case where the custodial services provided by digital asset issuers, which involves keeping only the issued digital asset on behalf of their clients, does not fall within the activity of a digital asset custodial wallet provider under the law. This decision aligned with the inten...
The amendments to the regulations on offering for sale of bills are in alignment with the revised characteristics of bills deemed as securities, with the key points as follows: 1. Repealing the provisions related to the offering for sale of bills in a private placement (PP10) as it is no longer determined as an offering for sale of bills deemed as securities* pursuant to the regulations on determination of characteristics of bills deemed as securities. PP10 is therefore beyond the scope of the...
The key points of the amendments to the qualifications of bondholder representatives are as follows: (1) A securities company licensed to operate securities brokerage business, securities dealing business or securities underwriting business and capable of providing services related to debt securities and Sukuk is eligible to act as a bondholder representative. This is to ensure that the specified types of securities align more closely with the responsibilities of bondholder representat...
The key points of the amendments to the qualifications of bondholder representatives are as follows: (1) A securities company licensed to operate securities brokerage business, securities dealing business or securities underwriting business and capable of providing services related to debt securities and Sukuk is eligible to act as a bondholder representative. This is to ensure that the specified types of securities align more closely with the responsibilities of bondholder r...
On 19 October 2021, the Capital Market Supervisory Board (CMSB) Meeting No. 13/2564 passed a resolution approving in principle the proposed amendments to the IPO regulations in the part of IPO issuer qualifications whereby an IPO applicant shall not get involved in any illegal business. The proposed amendments are in line with the regulations for issuance of newly issued shares of public limited companies seeking listing on the Stock Exchange of Thailand’s LiVe Exchange. A public and stakeholder...
Bangkok, September 20, 2016 ? The SEC has amended the rules governing the advertisement and disclosure of information on trigger funds to facilitate investors? thorough understanding of the key features and the risks involved in trigger fund investment.The notifications* regarding such amendments will come into force on 1 October 2016.SEC Secretary-General Rapee Sucharitakul said: ?The purpose of these amendments is to require advertisement and disclosure of trigger funds to be more inclusive to...