Ms. Ruenwadee Suwanmongkol, Secretary-General of the Office of the Securities and Exchange Commission (SEC) Disclosure of the SEC meeting No. 3/2022 on March 3, 2022, with the following important matters:
1. The SEC has a resolution approving the regulatory guidelines.”Ready-to-Use Digital Tokens” (utility token ready to use) since the Royal Decree on Digital Asset Business B.E. 2561 (2018) comes into force The digital asset market has evolved greatly. In many industries, digital assets are used. By converting rights into digital tokens for ready-to-use uses* such as the tourism, entertainment, and sports industries, coupons, vouchers, reward points, or event tickets are converted. in the form of a digital token
and wishes to bring“utility token ready to use” to register (list) and trade in digital asset exchanges, possiblyIt is for fundraising purposes. or trading/investing rather than using the benefits provided by digital tokens. Therefore, regulatory mechanisms should be used in line with fundraising. both in the primary market and in the secondary marketTo increase the protection of traders/investors with sufficient information as well as having a clear regulatory mechanism for trading in the secondary market and more efficient
The SEC has therefore approved the principle ofImproved “utility token ready” governance guidelines.both infirst marketandsecondary marketTo increase the efficiency of governance in accordance with the nature of the risks Development and use Including investor protection appropriately, for example, requiring an issuer who wishes to bring an “utility token ready to use”
to register for trading in the trading center must apply for an offer for sale with the SEC and comply with the specified rules and conditions to the trading center There are mechanisms for disclosure of information and supervision of trading risks, etc. Such digital tokens must not be considered as using digital assets as a medium for payment of goods and services (Means of Payment).
The SEC will continue to hear opinions from related parties, interested parties, and the public regarding the guidelines for such supervision.
2. The SEC has approved theExtension of permission fee exemption and filing of sustainable debentures for another 3 yearsThe SEC has resolved to approve the principle of extending the exemption period for the application fee and the filing fee for the offering of debt securities (filing form) for issuance. Sustainable bonds or bonds include green bonds, social bonds, and sustainability bonds. (Sustainability Bond) and Sustainability Bonds (Sustainability-linked Bond) for another 3 years until May 31, 2025
In addition, the SEC’s meeting also resolved to approveImprove investment conditions for Green Bond Social Bond and Sustainability Bondfor use in projects related to environmental conservation and social development for sustainability without limiting the country of investment From the original set to use money in Thailand or CLMV countries (Cambodia, Laos, Myanmar and Vietnam)
to expand investment opportunities for businesses in both and outside the region and emphasizing the role of the Thai capital market in promoting business operations with consideration to solving global climate change problems including to support the Carbon Neutrality target in 2050 and the Net Zero Emission target in 2065.
From the criteria for supporting sustainable corporate debentures in 2018 until the end of 2021, there were 21 issuers of all types of sustainable debentures, totaling approximately 300 billion baht.
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