Madrid, Spain – The Securities and Exchange Commission of Thailand (SEC Thailand), in collaboration with the Faculty of Commerce and Accountancy, Chulalongkorn University, showcased its groundbreaking research on digital assets at the 26th IOSCO Seminar Training Program, focusing on the “Regulation and Supervision of Crypto and Digital Asset Markets.” This esteemed seminar, hosted by the International Organization of Securities Commissions (IOSCO), serves as a vital platform for advancing policies in capital market and digital asset regulation, as well as facilitating essential knowledge sharing among global regulatory bodies.
During the seminar, which took place from September 24-26, 2024, Mr. Pongpit Pinsai, Director of the Research and Data Department at SEC Thailand, and Assoc. Prof. Dr. Kanis Saengchote, Associate Dean for Research at Chulalongkorn Business School, presented their research entitled “Case Study: SEC Thailand’s Data Analysis for Crypto and Digital Asset Supervision.” Their presentation illustrated the application of advanced technology and comprehensive data analytics in understanding market conditions and investor behavior within the digital asset space, thus aiding in the formulation of regulatory policies for digital assets in Thailand.
“The research team demonstrated how SEC Thailand harnesses cutting-edge data analytics to refine its regulatory framework,” stated Mr. Pinsai. “By employing big data and sophisticated analytical techniques, we have been able to derive meaningful insights into market dynamics and investor behavior. This knowledge is instrumental in enabling us to respond effectively to the rapidly evolving digital asset landscape.”
The seminar gathered over 100 participants from 50 regulatory agencies, providing a unique international forum for SEC Thailand to highlight its innovative regulatory strategies and engage with peers from around the world. This platform fostered valuable discussions around the complexities of digital asset regulation, allowing for the exchange of ideas and best practices among regulatory officials and industry experts.
As a longstanding member of IOSCO since 1992, SEC Thailand actively participates in various IOSCO committees and working groups, contributing to the establishment of international standards for securities regulation. This involvement reflects Thailand’s commitment to aligning with global regulatory practices and ensuring a robust and secure framework for digital assets.
Mr. Pinsai emphasized, “Our presentation underscores SEC Thailand’s dedication to integrating advanced technologies and data-driven approaches into our regulatory framework. This positions Thailand as a leader in innovative digital asset supervision, setting a benchmark for other regulatory bodies in the region and beyond.”
For more information about SEC Thailand’s initiatives and regulatory frameworks, please visit SEC Thailand’s website.
About SEC Thailand
The Securities and Exchange Commission of Thailand (SEC Thailand) is the primary regulatory body responsible for overseeing and developing Thailand’s capital markets. Established in 1992, SEC Thailand plays a pivotal role in ensuring investor protection, promoting fair and efficient markets, and enhancing the transparency of the financial system. The Commission implements various regulatory frameworks to adapt to the evolving landscape of digital assets and financial technologies, fostering innovation while safeguarding investors’ interests. By leveraging advanced data analytics and collaborating with academic institutions, SEC Thailand strives to enhance its regulatory practices and maintain its status as a leading authority in the region.
Media Contact
Company Name: SEC Thailand
Contact Person: Pongpit Pinsai
Email: Send Email
Country: Thailand
Website: https://www.sec.or.th/TH/Pages/Activities.aspx?SECID=11189&fbclid=IwY2xjawFwh5lleHRuA2FlbQIxMAABHWRmYsOdBtHOeceDLinLcY4kOqiw8EsU0dqxkKSNrbpCek6SlAHbBcTuSQ_aem_txGcLcu3H51RzNN6JSOW-g