We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Thai Securities Agency Sets Limits For Debt Crowdfunding

Law360 (May 22, 2019, 2:47 PM EDT) -- Thailand's Securities and Exchange Commission on Wednesday announced changes to its debt crowdfunding rules, placing caps on the amount small and medium-sized businesses can raise and establishing eligibility requirements for capital-raising platforms.

The new regulations state that a small or medium enterprise is allowed to raise a maximum of 20 million baht ($626,428) from retail investors over the first 12 months of a crowdfunding effort and is limited to raising 40 million baht in combined debt and equity over the life of a project. The Thai SEC said only Thai companies with "clear business plan[s]" are allowed to raise capital through...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!