SEC urged to use new technologies to support capital market
Rapid technological advancements have made life more convenient, but they have also introduced regulatory complexity across multiple sectors. In Thailand, digital platforms have expanded access to services that were once limited to physical locations or traditional intermediaries. Financial apps, cross-border payment processors, and digital asset exchanges have all grown rapidly, and regulators have had to weigh consumer protection against innovation in each category. The same dynamic extends to entertainment and leisure, where offshore gambling platforms have drawn users away from domestically regulated channels, adding enforcement pressure on agencies already managing a shifting digital landscape.
New technologies in the capital market have facilitated investors and created a more conducive environment from which all stakeholders can benefit. Platform-based trading tools, automated portfolio management, and real-time settlement systems have lowered barriers for retail participants who previously lacked access to these instruments. The challenge for policymakers has been ensuring that the legal framework keeps pace with what the technology now allows.
The Deputy Secretary-General to the Prime Minister, Dr. Kobsak Pootrakool, said some laws should be amended to support investment and enhance the capital market’s potential. Several working groups have been reviewing existing statutes to identify provisions that may restrict the adoption of newer financial technologies. The broader expectation is that modernized regulation will attract both domestic and international capital, positioning Thailand’s markets more competitively within the region.
Tarin Angskul