Fintech 2026

THAILAND CONTENTS

6.7 Rules of Payment for Order Flow p.867 6.8 Market Integrity Principles p.867 7. High-Frequency and Algorithmic Trading p.868 7.1 Creation and Usage Regulations p.868 7.2 Requirement To Be Licensed or Registered as a Market Maker When Functioning in a Principal Capacity p.868

7.3 Regulatory Distinction Between Funds and Dealers p.868 7.4 Regulation of Programmers and Programming p.868 8. Insurtech p.868 8.1 Underwriting Processes p.868 8.2 Treatment of Different Types of Insurance p.869 9. Regtech p.869 9.1 Regulation of Regtech Providers p.869 9.2 Contractual Terms to Ensure Performance and Accuracy p.869 10. Blockchain p.870 10.1 Use of Blockchain in the Financial Services Industry p.870 10.2 Local Regulators’ Approach to Blockchain p.870 10.3 Classification of Blockchain Assets p.870 10.4 Regulation of “Issuers” of Blockchain Assets p.870 10.5 Regulation of Blockchain Asset Trading Platforms p.871 10.6 Staking p.872

10.7 Crypto-Related Lending p.872 10.8 Cryptocurrency Derivatives p.872 10.9 Decentralised Finance (DeFi) p.872 10.10 Regulation of Funds p.872 10.11 Virtual Currencies p.872 10.12 NFTs p.872 10.13 Stablecoins p.873 11. Open Banking p.873 11.1 Regulation of Open Banking p.873 11.2 Concerns Raised by Open Banking p.873 12. Fraud p.873 12.1 Elements of Fraud p.873

12.2 Areas of Regulatory Focus p.874 12.3 Responsibility for Losses p.874

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