The Personal Data Protection Act B.E. 2562 (2019) (“PDPA”) requires the Controller to comply with the three limitations on collecting, using and disclosing personal data, which are (1) the purpose limitation under Section 21 of the PDPA; (2) the source limitation under Section 25 PDPA; and (3) the proportionality limitation under Section 22 of the… Read More
Under the Personal Data Protection Act B.E. 2562 (2019) (“PDPA”) notice and consent are two separate but related matters required for any collection, use or disclosure of personal data. Notice RequirementThe PDPA requires the Controller to notify each data subject of the purpose of any collection, use or disclosure of personal data prior to or… Read More
Overview The Personal Data Protection Act B.E. 2562 (2019) (“PDPA”) of Thailand came into force in part on the 28th of May 2019. It establishes a legal framework which protects personal data of individuals and allows businesses to realize economic values from personal data. A one-year grace period up to the 28th May 2020 is… Read More
From the Emergency Decree on Digital Asset Business Operation B.E. 2561 (2018) became effective on 14th May 2018 to 30th December 2019, the Securities and Exchange Commission (“SEC”) has issued 5 digital asset exchange licenses, 3 digital asset broker licenses and one digital asset dealer license. The SEC also granted approvals to 3 ICO portals. Due to… Read More
On 15th November 2019, the Central bank of Myanmar (“CBM”) issued its Notification No. 21/2019 re: Regulation for Offshore Remittance Licenses under the Foreign Exchange Management Law to set out the requirements for application and granting of Offshore Remittance License (“ORL”). To obtain an ORL, an applicant must submit to the CBM an application and the following… Read More
The MSA has been amended to reduce the penalties for late payment of stamp duties or payment of deficient stamp duties required for agreements or instruments listed in Schedule 1 of the MSA, e.g. service agreements, bonds and financing instruments, conveyance and transfer instruments, and leases, from 10 times to 3 times of the outstanding… Read More