Thailand

The 'Crypto Academy' is one of several measures the SEC has taken to protect crypto investors since local exchange Zipmex halted customer withdrawals in July 2022.

The MoU will focus on developing the FinTech sector, promoting sustainable finance, and increasing awareness of sustainable investment in Thailand and other ASEAN countries.

The new trading system, developed in partnership with Nasdaq, will boost order execution efficiency and increase capacity for large volume trading.

The fee exemptions are intended to support fund managers companies in giving more weight to sustainability-driven securities investment.

Like the ASEAN Taxonomy, the Thailand Taxonomy uses a traffic light system. The objectives of the taxonomy largely draw from the EU taxonomy.

Rule changes will allow SMEs and startups to offer sustainability bonds via crowdfunding and private placement channels.

The SEC began developing the "SEC Fund Check" application in Q2 2019. A separate application called “SEC Bond Check” is also under development.

The UK and BOT will work together to improve financial inclusion, as well as promote sustainable finance and sustainability-related disclosures in the Thai financial sector.

Under the revised rules, ICO portals will also be allowed to outsource certain tasks to service providers, as long as they are not 'core' services.

The new rules will help promote innovation by foreign exchange service providers while also reducing the operational burden associated with licensing.