Monthly Archives - June 2017

Thailand’s EEC: a global gateway to Asia services

The Thai government in conjunction with the Board of Investment recently announced the new Thailand 4.0 economic model, known as the Eastern Economic Corridor (EEC), which is the enhancement programme for three provinces on Thailand’s eastern seaboard. Manufacturing development in the past 30 years within these three provinces of Chachoengsao, Chonburi and Rayong has served as a pilot for an economic gateway to Asia. Under the EEC, these provinces will be developed to support 10 industries promoted by Thailand’s Board [...]

SEC Introduces KYC Sandbox

On May 23, 2017, the Securities and Exchange Commission (“SEC”) of Thailand has opened a new regulatory sandbox specifically for businesses who wish to test “Know Your Client” technology. The KYC Regulatory Sandbox (the “Sandbox”) will allow interested applicants to test their KYC technology for a period of no longer than 1 year on limited group of clients under the supervision of the SEC. The SEC published a news update on their website on June 7, 2017 that stated [...]