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SEC seeks public comments on proposed amendments to reduce securities registrar fees for funding portals



Tuesday 10 November 2026 | No. 249 / 2026


Bangkok, 10 November 2026 – The Securities and Exchange Commission (SEC) is seeking public comments on proposed amendments to reduce securities registrar fees for crowdfunding portals (funding portals) acting as securities registrars solely for security-based crowdfunding offerings through their own platforms. The proposed amendments are intended to support funding portals that meet the applicable requirements and are ready to act as securities registrars at costs appropriate to the scope of the services provided, thereby facilitating fundraising through security-based crowdfunding and enhancing investor protection on a sustainable basis.

With a view to enhancing the efficiency of fundraising through security-based crowdfunding, the SEC aims to support funding portals that are ready to act as securities registrars solely for security-based crowdfunding offerings through their own platforms. Accordingly, the SEC is proposing fee reductions for such funding portals to ensure that the applicable fees appropriately reflect the circumstances of security-based crowdfunding issuers, most of which are small and medium-sized enterprises (SMEs), and the scope of the services provided, while remaining proportionate to the SEC’s incremental supervisory costs. The proposed fee reductions are intended to reduce cost barriers, enhance the efficiency of such funding portals in performing their securities registrar functions, and strengthen the protection of investors’ rights.

The SEC is therefore seeking public comments on the proposed principles, which were approved by the SEC Board at its meeting in November 2026. The key elements are summarized as follows:

            (1) A funding portal that meets all qualification and operational-system requirements for acting as a securities registrar and provides securities registrar services solely for security-based crowdfunding offerings through its own platform would be eligible for the following reductions in securities registrar fees:

            (2) If a funding portal’s SEC approval terminates, the securities registrar license granted under item (1) would also terminate.

            (3) A securities registrar may commence providing services beyond the scope previously authorized by the SEC only after the SEC has determined that the licensee is ready to provide services within the additional scope. This requirement would apply to both general securities registrars and funding portals acting as securities registrars solely for security-based crowdfunding offerings through their own platforms.

If a funding portal acting as a securities registrar solely for security-based crowdfunding offerings through its own platform subsequently expands its services beyond the scope previously authorized, it would no longer qualify for the annual fee reduction.

The consultation paper is available on the SEC website at https://www.sec.or.th/TH/Pages/PB_Detail.aspx?SECID=1240 and on the Legal Hub at https://law.go.th/listeningDetail?survey_id=ODc0NkRHQV9MQVdfRlJPTlRFTkQ=. Relevant parties and interested persons may submit comments via either website or by email to jaruwan@sec.or.th or siwaporn@sec.or.th. The public hearing period ends on 8 December 2026. 

Note: * If a securities registrar license is granted and the licensee operates the business for less than a full calendar year, the first-year fee would be payable on a pro rata monthly basis according to the number of months in which the business is operated, in accordance with the current method for calculating the annual fee.












Building Confidence in the Capital Market
NEWS
Securities and Exchange Commission
Corporate Communication and Investor Service Department
Tel. (66)2033-9502-5 E-mail: press@sec.or.th
No. 249 / 2026 Tuesday 10 November 2026
SEC seeks public comments on proposed amendments to reduce securities registrar fees for funding portals

Bangkok, 10 November 2026 – The Securities and Exchange Commission (SEC) is seeking public comments on proposed amendments to reduce securities registrar fees for crowdfunding portals (funding portals) acting as securities registrars solely for security-based crowdfunding offerings through their own platforms. The proposed amendments are intended to support funding portals that meet the applicable requirements and are ready to act as securities registrars at costs appropriate to the scope of the services provided, thereby facilitating fundraising through security-based crowdfunding and enhancing investor protection on a sustainable basis.

With a view to enhancing the efficiency of fundraising through security-based crowdfunding, the SEC aims to support funding portals that are ready to act as securities registrars solely for security-based crowdfunding offerings through their own platforms. Accordingly, the SEC is proposing fee reductions for such funding portals to ensure that the applicable fees appropriately reflect the circumstances of security-based crowdfunding issuers, most of which are small and medium-sized enterprises (SMEs), and the scope of the services provided, while remaining proportionate to the SEC’s incremental supervisory costs. The proposed fee reductions are intended to reduce cost barriers, enhance the efficiency of such funding portals in performing their securities registrar functions, and strengthen the protection of investors’ rights.

The SEC is therefore seeking public comments on the proposed principles, which were approved by the SEC Board at its meeting in November 2026. The key elements are summarized as follows:

            (1) A funding portal that meets all qualification and operational-system requirements for acting as a securities registrar and provides securities registrar services solely for security-based crowdfunding offerings through its own platform would be eligible for the following reductions in securities registrar fees:

            (2) If a funding portal’s SEC approval terminates, the securities registrar license granted under item (1) would also terminate.

            (3) A securities registrar may commence providing services beyond the scope previously authorized by the SEC only after the SEC has determined that the licensee is ready to provide services within the additional scope. This requirement would apply to both general securities registrars and funding portals acting as securities registrars solely for security-based crowdfunding offerings through their own platforms.

If a funding portal acting as a securities registrar solely for security-based crowdfunding offerings through its own platform subsequently expands its services beyond the scope previously authorized, it would no longer qualify for the annual fee reduction.

The consultation paper is available on the SEC website at https://www.sec.or.th/TH/Pages/PB_Detail.aspx?SECID=1240 and on the Legal Hub at https://law.go.th/listeningDetail?survey_id=ODc0NkRHQV9MQVdfRlJPTlRFTkQ=. Relevant parties and interested persons may submit comments via either website or by email to jaruwan@sec.or.th or siwaporn@sec.or.th. The public hearing period ends on 8 December 2026. 

Note: * If a securities registrar license is granted and the licensee operates the business for less than a full calendar year, the first-year fee would be payable on a pro rata monthly basis according to the number of months in which the business is operated, in accordance with the current method for calculating the annual fee.