SEC pushes TISA, speeds up IPO review to 60-100 days

RegulationIndustryDigital Finance
โดย Money & Banking·TH·Read original
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The Securities and Exchange Commission, or SEC, is pressing ahead with driving Thailand's investment market by promoting the Thai Individual Savings Account project, or TISA, together with the Ministry of Finance, the Thai Capital Market Business Council, and the Stock Exchange of Thailand, to serve as the country's savings infrastructure, aiming to turn people's savings into long-term investment and broaden the base of new investors. SEC Secretary-General Pornanong Budsaratragoon said the SEC has also adjusted the process for approving initial public offering share sales under the Streamline IPO Process guidelines, placing greater weight on disclosure in order to cut the review period to 60-100 days from an average of 147 days previously, a reduction of roughly 30-60%. At the same time, the SEC, together with the Stock Exchange of Thailand, is pushing the BOI to IPO project and setting up a special channel for companies promoted by the Board of Investment and the Eastern Economic Corridor, in order to draw new-economy businesses into the Thai capital market. On the digital capital market, the SEC is promoting the tokenization of securities, with rules for tokenized fund units having taken effect since April 1, 2026. As for anti-money laundering risk measures, the Travel Rule regulations will take effect from February 27, 2027. On investment scams, the SEC can act to intercept them within 7 minutes to 48 hours and block reported accounts completely, at 100%. Statistics in 2026 show that consultations about investment scams rose as much as threefold compared with the same period a year earlier. On law enforcement, data as of August 2026 shows that the longest case age fell from 8 years to 3.6 years, while the average case age dropped from 2.3 years to 1.5 years. Currently, a total of five sets of laws are in the process of being revised.

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