The Thailand Securities and Exchange Commission (SEC) is seeking comments on draft rules to replace the Disciplinary Committee for Digital Asset Businesses with an advisory panel at the SEC Office level. The draft advances the proposal following an October 2026 consultation on its principles, in which a majority of respondents supported the change. The draft would repeal the provisions establishing the committee under regulations governing prohibited characteristics of directors and executives of digital asset business operators. The replacement mechanism would align with other expert panels providing advisory opinions to the SEC, while preserving the division between the SEC Office’s initial consideration and issuance of orders and the SEC Board’s authority over appeals. The SEC intends the new approach to apply to matters already in process.
Thailand Securities and Exchange Commission consults on draft rules to replace digital asset disciplinary committee with advisory panel
The Thailand Securities and Exchange Commission is consulting on draft rules to replace its digital asset disciplinary committee with an advisory panel within the SEC Office, following majority support for the proposed principles. The arrangement would preserve the SEC Office’s responsibility for initial decisions and the SEC Board’s authority over appeals. The new approach is intended to apply to matters already in process.