Cabinet approves 4 bills to overhaul Thai capital market

Thansettakij•Economy•1d ago

Reader Briefing

The Cabinet approved four draft Acts to modernize capital market laws and enhance the SEC's enforcement powers.

•The Cabinet approved the principles of four draft Acts on August 25, 2026.
•The updates focus on digital economy compatibility, investor confidence, and national competitiveness.
•The SEC will be empowered to act as joint inquiry officials in certain severe cases affecting the capital market and economy.

Overview

•On August 25, 2026, the Cabinet approved the principles of four draft Acts to update capital market laws.
•The new legislation recognizes electronic transactions in the capital market to have clear legal effects.
•The legislation upgrades supervision of major shareholders and allows for more flexible financial statement disclosure.
•The laws enable entities with relevant technology to establish securities exchange centers more easily to promote competition.
•The laws require financial reports of capital market enterprises to be audited by auditors approved by the Securities and Exchange Commission.
•The Securities and Exchange Commission officials will be appointed as joint inquiry officials with inquiry officials or special case inquiry officials for specific severe offenses.
•The introduction of administrative fines is intended to make legal proceedings faster than criminal proceedings.
•The Ministry of Finance's composition of the Securities and Exchange Commission board will be improved for broader coverage.

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Source: Thansettakij (Original)

Key Quotes

Ekniti Nitithanprapas

"The 4 laws passed today include essentials regarding electronic transactions and upgrading supervision, specifically allowing Securities and Exchange Commission (SEC) officials to work on cases with inquiry officials."

กฎหมายที่ผ่านวันนี้ทั้ง 4 ฉบับ สาระสำคัญในบางฉบับจะเป็นเรื่องที่เกี่ยวกับข้องกับธุรกรรมอิเล็กทรอนิกส์ การยกระดับการกำกับ โดยเฉพาะการให้เจ้าหน้าที่คณะกรรมการกำกับหลักทรัพย์และตลาดหลักทรัพย์ หรือ ก.ล.ต. ทำคดีร่วมกับพนักงานสอบสวนได้

Key Entities

Person

Ekniti Nitithanprapas(เอกนิติ นิติทัณฑ์ประภาศ)ℹ️

Deputy Prime Minister and Minister of Finance.

Winich Wisetsuwannaphum(วินิจ วิเศษสุวรรณภูมิ)

Director of the Fiscal Policy Office and spokesperson for the Ministry of Finance.

Organization

Cabinet(คณะรัฐมนตรี)

The government body that approved the principles of four draft Acts to modernize capital market laws.

Ministry of Finance(กระทรวงการคลัง)ℹ️

The ministry overseen by Ekniti Nitithanprapas.

Securities and Exchange Commission(คณะกรรมการกำกับหลักทรัพย์และตลาดหลักทรัพย์)ℹ️

The regulatory body whose officials will be empowered to act as joint inquiry officials in severe capital market cases.

Fiscal Policy Office(สำนักงานเศรษฐกิจการคลัง)

The office directed by Winich Wisetsuwannaphum.

Place

Government House(ทำเนียบรัฐบาล)ℹ️

The location where the announcement regarding the draft Acts was made.