• Thai SEC said it supported a Cabinet-approved draft emergency decree amending the Securities and exchange act to enhance governance, law enforcement measures.
• The amendments aim to strengthen investor confidence in the Thai capital market.
• Follows Thai SEC November 2024 proposed four laws re digital capital market.

Regulatory Enhancements

• Increased oversight of short selling activities to ensure fairness and transparency.
• Enhanced supervision of capital market professionals to elevate their role in auditing and preventing fraud by listed companies; improved reporting rules for securities encumbrances to ensure investors receive complete data for investment decisions.
• New legal measures to prevent potential damage from transactions by listed companies; in addition, expanded Thai SEC authority in conducting high-impact cases.
• Thai SEC will gain investigative powers for high-impact cases, with completed case files sent to public prosecutors following due process; integration with police investigators and Department of Special Investigation officers to leverage expertise.