On 10th June 2022 and 14th June 2022 the Personal Data Protection Committee (PDPC) issued its first four subordinate legislations under the Data Protection Act B.E. 2562 (PDPA) as listed below. The Government Gazette published them on 20th June 2022. The notification under No. 1 below will come into force on 17th December 2022. The… Read More
In June 2022, the Office of Securities and Exchange Commission (SEC) carried out an online public hearing on regulatory guideline for ready-to-use digital tokens (“RTU Token”) under the Emergency Decree On Digital Asset Businesses B.E. 2561 (2018). The major approaches of the guideline proposed for the hearing are summarized below. 1. SEC Approval requirement:- (1) … Read More
On 7th June 2022, the Cabinet approved the Draft of the Civil Partnership Act (“CPA”) proposed by the Ministry of Justice. The CPA as drafted allows same-gender individuals to register their civil partnership and they will be recognized as civil partners. The couples who can register their civil partnership must be at least 17 years… Read More
1. What is the general legal framework governing M&A of a private company in Thailand? For most private M&A activity conducted in Thailand, involving an acquisition or a disposal of shares or assets, there isn’t any specific law that regulates the implementation of such transactions and the parties can rely principally on the terms of… Read More