The Thailand Securities and Exchange Commission has backed four draft capital market laws accepted in principle by Thailand’s House of Representatives. Covering securities, derivatives, capital market trusts and digital asset businesses, the package would accommodate electronic processes and evolving business models while strengthening oversight, investor protection and enforcement. It continues the SEC’s broader work to expand its supervisory and enforcement framework. The amendments would regulate system providers important to the capital market, align oversight of major shareholders and personnel across securities and derivatives businesses, and revise rules for secondary markets. They would also update fundraising and takeover requirements, extend supervision to audit firms and other service providers, and allow SEC officials to join investigations into certain serious offenses. Sanctions would be calibrated to the severity of misconduct, including regulatory fines instead of criminal penalties for nonserious offenses. An extraordinary committee will examine the drafts before sequential consideration by the House of Representatives and Senate. Enacted legislation would then be published in the Royal Gazette.