Thailand’s Cabinet approved on August 25 four amendment bills designed to reshape the country’s capital-market laws. These texts grant Thailand’s SEC new powers to expedite investigations into serious financial crimes and strengthen oversight of auditors and financial advisers. The amendments notably update the Securities and Exchange Act of 1992 and the Emergency Decree on Digital Asset Businesses of 2018. They also legalize electronic processes and improve disclosure requirements for major shareholders. These reforms still need to go through Thailand’s legislative process before taking effect.
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