SEC opens hearing to adjust information disclosure criteria “Crowdfunding system service provider”
SEC opens hearing to adjust information disclosure criteria “Crowdfunding system service provider” includes a risk assessment system for crowdfunding bond offerings. Statistics on offerings and payment defaults Including setting the warning format.
May 14, 2567 The SEC is open to listening to comments on improving the criteria for crowdfunding system providers (Funding Portal). Concerning the submission of information to the SEC, disclosure of information on the risk assessment system of crowdfunding bond offerings (creditworthiness) statistics on offerings and defaults on debt payments Including setting a warning format about investment risks. So that investors have sufficient information to make decisions about using the service. or invest in crowdfunding securities This will help protect investors more appropriately.
The Securities and Exchange Commission (SEC) There is an idea to improve the Funding Portal criteria to have a system for screening or evaluating the credibility and risk level of crowdfunding bond offerings. that is more appropriate and efficient Including the disclosure of sufficient information on the service channels to investors in order to make decisions about using the services and investing in crowdfunding securities. This is in line with guidelines for regulating business operators of the same nature both domestically and abroad. The SEC is therefore open to listening to opinions on improving the criteria.
By requiring the Funding Portal to take important actions which can be summarized as follows:
- Prepare and submit annual financial statements. and financial statements for the 6-month period to the SEC as well as disclosing annual financial statements on the official channel of Funding Portal.
- Reveal information about Creditworthiness includes the steps and basic factors used to consider companies offering crowdfunding bonds. and guidelines for action in the event that the bond has defaulted on repayment.
- Revealing statistics on crowdfunding stock and bond offerings. and defaults on crowdfunding bonds.
- Make warnings about the risks of investing in crowdfunding securities clearer. According to the form and method of presentation specified by the SEC.
In this regard, the SEC has published a document listening to opinions on the principles of the draft announcement. Guidelines and guidelines on such matters are posted on the SEC website. https://www.sec.or.th/TH/Pages/PB_Detail.aspx?SECID=987 and the legal system https://law.go.th/listeningDetail?survey_id=Mzc1OURHQV9MQVdfRlJPTlRFTkQ= Those involved and interested can express their opinions at the website or via e-mail: jaruwan@sec.or.th or siwaporn@sec.or.th until June 13, 2567.
