Thailand: Adjustment of Interest Rate and Default Interest Rate

Thailand: Adjustment of Interest Rate and Default Interest Rate

In an effort to modernize, improve and update the old Civil and Commercial Code (“CCC”), of which has been in use for many years without any updates. For this, the Thai government gazette has published a new amendment to the CCC detailing three key adjustments to various interest rate payments to bring the CCC in line with the current financial and business landscapes.

This new amendment to the CCC (“Interest Rate Amendment”) includes the adjustments of: (1) monetary debt interest rate, (2) monetary debt default interest rate and (3) monetary debt interest rate pays by installments. The Interest Rate Amendment became effective on April 11, 2021. The summary of the mentioned three adjustments is as follow.

1). Adjustment on Debt Related Interested Rate

In the event that there are no pre-existing contractual agreement or governing provisions to stipulate the interest rate payment, the debtor shall be liable for 3% interest rate per year (subject to revision every 3 years).

Previous Interest Rate New Interest Rate
7.5% per year 3% per year

2). Adjustment on Debt Related Default Interested Rate

If the debtor violated any pre-existing contractual agreement, the debtor shall be liable for 5% of the default interest rate per year.

Previous Interest Rate New Interest Rate
7.5% per year 5% per year

3). Adjustment on Debt Related Default Interested Rate (Installment)

In the instance that a debtor has agreed to pay the default debt interest rate by installments, the default interest rate shall now be calculated based on the principal amount of the due unpaid installment.

Previous Interest Rate New Interest Rate
Calculate based on the total unpaid principal amount Calculate based on the principal amount of the due unpaid installment

In conclusion, this Interest Rate Amendment adjusted the payments of monetary debt interest rate, monetary deb default interest rate and monetary debt interest rate pay by installment that are not bound by any pre-existing contractual agreement or governing provisions. Additionally, any interest payments due before this Interest Rate Amendment’s effective date (April 11, 2021) shall still be governed by the previous interest rate rules. For the interest payments due after the effective date, the new rules shall apply. For further assistance, please contact law@ilct.co.th.

Copyright 101: The Basics & Fair Use

Copyright 101: The Basics & Fair Use

 

What is copyright?

Copyright is a type of Intellectual Property (IP) asset, copyright refers to “artistic creation, artistic work or artistic expression”. Copyright work must be in a tangible form of expression, these are such as: photograph, art, music, poetry, novel, film, design or website content etc. Software can also be protected as computer program under copyright as well, but be aware that in some jurisdictions, software can also be protected as a patent (we will discuss patents in the next chapter).

Ownership Rights

In most instances, the author is the owner of the copyright work. When there are two or more authors, the copyright work is considered as jointly created. There is also a concept of “works made for hire” meaning that the author created the copyright work during a term of work for hire agreement. In this case, the copyright work will be considered as belonging to the commissioner. An example can be seen from 2 releases of “Love Story” by Taylor Swift, in which the 2008 version was recorded during her contract, thus, the copyright of this version is owned by a music company. Whereas, the 2021 version was recorded by Taylor Swift herself, making her the copyright owner of this version.

As the owner of copyright work, you will be entitled to rights such as:

  • Reproduction of the work
  • Creation of derivative works (in the case of film, prequel, sequel or spin-off)
  • Distribution or public sale of the work
  • Display or performance of the work (in the case of art, music or film)
  • Rental of the original or the copies of a computer program, an audiovisual work, a cinematographic work and a sound recording.

Not only that, copyright owner can also grant license to another party for using his/her copyright work, as well as, able to gain royalty through this method. Any use of copyright work without the owner’s authorization will be considered as “copyright infringement” and punishable under the law.

Copyright Protection

In general, copyright work is automatically protected upon the creation date, in which is the first date where the author completed the work. There is also a publication date, in which is the first date where the work is publicly published by means of distribution of replicated copies of a work with the author’s consent, where such replicated copies are made available to the public in a reasonable quantity. These two dates are important when keeping record of the copyright work.

Although copyright registration/recordal is not mandatory and copyright work is automatically protected upon creation, it is still recommended that the author appropriately records the work with the respective offices. By recording the copyright work, the author will be equipped with the documentary evidence issued by the government authority (i.e. Certificate of Copyright Recordal) which is useful to strengthen the case when it comes to copyright enforcement against any unauthorized uses.

Copyright Fair Use

In most circumstances, the author or owner hold all legal rights to use the copyright work and any parties wishing to use the same work must first obtain authorization from the owner. With this being said, there is an exception to this, where another party is permitted to use the copyright work without first obtaining authorization from the author or owner, this is called “copyright fair use”.

Fair use is a legal doctrine that promotes the freedom-of-expression, thus allowing any parties to use copyright work without fearing legal implications. Most importantly, copyright fair use must be transformative in nature (i.e. not just copying the original). In order to qualify for fair use, there are four criteria that must be considered, these are explained below.

1). The purpose of the use

The first criterion is how the copyright work is used and whether the use is for a commercial purpose. For instance, usage of copyright work in a non-profit educational video is likely to be considered as a fair use. Whereas, using the same copyright work in a for-profit commercial video is unlikely to be a fair use. Unauthorized use of copyright work for a commercial purpose is a serious offense in most countries.

2). The nature of the use

Second criterion is for determining what type of copyright work is used. For example, using fictional work (e.g. novel or poem) is less likely to be considered as fair use if compared to using non-fiction work (e.g. biography, travel writing, news article). This generally involves the creativity level of the original copyright work, the higher the creativity level of the work, the more likely for that that work to be seen as “unique”. Unique work is likely to be individualized to the author, thus unlikely to be accepted as a fair use.

Moreover, whether the original copyright work is published or unpublished is also another important consideration in this criterion. It is unlikely to be a fair use if the work is taken from unpublished source.

3). The amount of the use

The third criterion examined the portion taken from the original copyright work and how much was used. For a song, if a large portion of the lyrics were used, it is unlikely to be seen as a copyright fair use. In general consensus, a small portion taken from the original work is usually considered as being acceptable as a fair use. However, in some cases, copying the small portion which is the “heart” of the song will not be considered as a copyright fair use.

4). The impact of the use

The last criterion is the consideration whether the work has any impact on the original work. For instance, does it have an impact on the market share of the original copyright work? If a new song was written based on the original work, does the new song belong in the same genre or would it affect the audience of the original work by decreasing the sale of the original work and so on.

In conclusion, copyright is an important tool in protecting artistic creations, as well as, promoting further creative expressions. It is beneficial if author understands the basic concept of the copyright law so that he/she may utilize the copyright work to its fullest potential.

In this social media dominated world, copyright infringement has become very widespread with many not knowingly breaking the law. Thus, it is important that all grasp the basic concept of copyright to avoid any legal implications. For further assistance regarding copyright, please contact: ipgroup@ilct.co.th.

 

Rules and Regulations on Food Advertisement

Rules and Regulations on Food Advertisement

 

On March 30, 2021 the Thai Government Gazette published a new announcement from the Food and Drug Administration (FDA) regarding new rules and regulations for advertising the benefits of food (“Food Advertisement Announcement”).

This Food Advertisement Announcement was made in response to the increase of false advertisement relating to the quality and benefit of food. These are such as: food advertisement that contains false information, misleading, deceptive or made intentionally to promote sale to the public (“False Advertisement”). In light of this, the Food Advertisement Announcement has listed multiple words and phrases that are not allowed to be used on all media channels (i.e. radio, television, newspaper or social media). Any desire to advertise the benefits of food must first obtain approval from related offices prior to advertisement.

1). Definition of False Advertisement

The Food Advertisement Announcement contains several definitions of what are defined as False Advertisement, examples of these are listed below.

Unfair advertisement or advertisement that may cause harmful effects to or mislead the public at large are not allowed, examples of these are:

  • Statement that falsely mislead the public to believe that the food contains certain ingredient, where in fact it does not;
  • Statement that directly or indirectly supports illegal actions or against good public moral;
  • Statement that certifies or promotes the benefits of food, made by medical figure, public health figure or any person claiming to be such person.

Moreover, advertisement on the benefits of food shall not contain false or deceptive information, such as:

  • Statement containing false or exaggerated information;
  • Statement that conveys misleading therapeutic, healing or protective properties against illnesses/diseases;
  • Statement that conveys the promotion of sexual libido or sexual performance;
  • Statement that conveys the promotion of skincare or other beautification purposes;
  • Statement that conveys the promotions of weight or fat loss;
  • Statement that includes data or statistics that have not been verified by the FDA.

To this end, The Food Advertisement Announcement also provides certain exemptions that do not require prior approval from the FDA. For instance, providing facts with proper academic/scientific support, and without any commercial incentives are allowed.

2). Barred Words and Phrases

Under this Food Advertisement Announcement, the following words or phrases are not allowed to be included in the advertisement of food.

2.1). Relating to the quality, benefit of food, the following words or phrases are not allowed:

  • Holy, sacred, miraculous, miracle or superb;
  • Award winning, superior or splendid;
  • Number 1, no. 1 or above others;
  • The best, best or top;
  • No worries or completely cured;
  • Extremely, overly or extraordinary;
  • Without or no side effects;
  • Approved or certified by the FDA;
  • To achieve instant results, to see results quickly or to see results instantly.

2.2). The following phrases are not allowed to be included in the advertisement of food, including the use of graphics that may convey the same information.

Phrases relating to misleading therapeutic, healing or protective properties against illnesses/diseases, such as:

  • Reduce cholesterol, reduce blood pressure, reduce dyslipidemia or reduce blood sugar;
  • Protect against heart disease, cancer, tumor, diabetes or allergy;
  • Relieve headache, migraine, numbing or blood clots;
  • Protect or provide resistance against viral or bacterial infections (e.g. COVID-19);
  • Improve memory function or curing Alzheimer- related symptoms;
  • Cure hemorrhoids, GERD, tuberculosis or psoriasis.

Phrases relating to the promotion of sexual libido or sexual performance, such as:

  • Increase and improve sexual performance;
  • Increase male/female sexual libido or desire;
  • Increase male’s organ size, erection or slow ejaculation;
  • Increase female’s breasts size.

Phrases relating to the promotion of skincare or other beautification purposes, such as:

  • Decrease wrinkles, acne or freckles;
  • Improve skin whitening or skin clearing;
  • Slow aging or anti-aging;
  • Reduce hair loss or grey hair;

Phrases relating to the promotion of weight or fat loss, such as:

  • Reduce fat;
  • Burn body fat, capture fat or reduce excess fat;
  • Reduce body weight;
  • Block, burn, build, break or body firming;
  • The use of before/after images;
  • Slimming effect or body slimming;
  • Thin or instantly thin.

In summary, this Food Advertisement Announcement prohibits the use of multiple words and phrases in conjunction with the False Advertisement. With this being said, do keep in mind that the official words and phrases are in the Thai, thus care must be taken when translating or interpreting these into English or any other languages. For further assistance on this, please contact: law@ilct.co.th.

 

Protection Framework against Occupational Disease and Environmental Disease

Protection Framework against Occupational Disease and Environmental Disease

In an effort to promote social health, well-being, as well as, minimize occupational and environmental related risk factors, Thailand is now working alongside the World Health Organization (WHO) to implement multidisciplinary framework which aims to improve health related policies for employee, self-employed person and the general public (herein collectively referred to as the “affected persons”).

Thailand Occupational and Environmental Diseases Control Act, B.E. 2562 (2019) (“OEDC”) was enacted as a protection framework for the affected persons. Currently, the OEDC is undergoing the first implementation phase, in which related government offices will appoint Provincial Occupational and Environmental Diseases Control Committee (“POEDC”) to oversee and set forth ancillary laws suitable for each respective province.

1). Occupational Disease

An occupational disease is any disease that is a result of an exposure to health-related risk factors from working activities. Exposure to risk factors would generally increase the likelihood of developing occupational diseases. Onset symptoms of occupational diseases may occur in both short-term and long-term. Short-term symptoms are such as chemical irritation to the eyes, respiratory tract or skin, oftentimes resulting from coming into contact with chemical irritants. Long-term symptoms usually surface after a prolonged exposure to certain risk factors, asbestos-related diseases are such examples.

2). Environmental Disease

Moreover, the OEDC also offers protection framework against environmental diseases. Environmental diseases are diseases that are caused by exposure to toxic environmental contamination or pollution. For instance, Thailand and its major cities have been plagued by air pollution (i.e. particulate matter 2.5 or PM2.5) for many years, prolonged exposure to PM2.5 can cause both short-term health effects (e.g. coughing, sneezing, runny nose and shortness of breath) or long-term health effects (e.g. chronic bronchitis, reduced lung function and lung cancer).

3). The Framework

The OEDC encompasses ancillary laws that listed the diseases that are caused by exposure to occupational and environmental risk factors, all of which are regularly monitored and updated by related offices and authorities. The list ranges from lead poisoning, asbestosis to disease from working in a confined space, diseases caused by exposure to PM2.5 were also included. In addition, members of the general public living in the surrounding vicinity of any facility that may produce environmental pollution will also be protected under the OEDC.

The OEDC requires employers and/or any medical facilities to report to the responsible officer should they have the ground to suspect that any illness was caused by occupational or environmental risk factors. The OEDC also imposed a maximum fine of THB 200,000 in the event that employers and/or any medical facilities were found to have intentionally withheld crucial information.

As it stands, the OEDC is undergoing implementation as there are several ancillary laws pending the legislative pipeline. Also, many of the inspection methods and reporting procedures still require further fine-tuning. Overall, this is a very good start for promoting health, well-being and ensure a sustainable working environment for the affected persons. We will keep you posted on further development as and when the information becomes available. If you have any question regarding the OEDC, please contact law@ilct.co.th.

 

Contributed by:

Saran Kleesuwan
Senior Associate
Litigation Department

Real estate-backed ICOs in Thailand

Real estate-backed ICOs in Thailand

ILCT is pleased to announce one of our resident partners, Palawi Bunnag, an esteemed lawyer and Fintech expert has published “Real estate-backed ICOs in Thailand” in Asia Business Law Journal.

The article discussed new laws and regulations from the Securities and Exchange Commission of Thailand (SEC) in regard to fintech businesses, including initial coin offering (ICO) and real estate-backed ICO (another type of asset-backed ICO). All of which came into effect on 1 May 2020, marking the beginning of a new digital era for the real estate industry in Thailand.

The full article can be viewed via Asia Business Law Journal’s website (also available in Chinese, Japanese and Korean) or can be directly downloaded below.

 

 

Read the article via Asia Business Law Journal here.

Palawi Bunnag is the authour and partner at ILCT Ltd.

Contact: Palawib@ilct.co.th

Her Profile: Click here

 

Thai SEC is now conducting a public hearing for requirements on cryptocurrency investors

Thai SEC is now conducting a public hearing for requirements on cryptocurrency investors

Due to the drastic increase in the popularity of cryptocurrency (“crypto”) trading and the surge in crypto value in the past few months, the Thai Securities and Exchange Commission (SEC) is now conducting a public hearing to propose new regulations in regard to qualifications of crypto investors and knowledge test requirement.

The SEC views that crypto is a new digital asset as opposed to stocks, bonds or gold which are traditional assets and therefore, many crypto investors or traders especially young people need to have sufficient knowledge, trading experience and financial status prior to investing in crypto since its price is highly volatile. As such, it is necessary to implement a proper framework to protect the investors and safeguard the local economy.

The public hearing process is underway and expected to end on March 27, 2021. The main topics in the crypto public hearing process, are divided into two parts which are (1) qualifications for crypto investors and (2) knowledge test requirement. In order to be eligible to trade crypto, traders must meet any of the requirements:

1). Financial Requirements

  • Crypto investors must have an annual income over THB 1,000,000 (i.e., exceeding THB 83,000 on monthly salary), this does not include the annual income of the spouse; or
  • Have a net asset value worth over THB 10,000,000, this does not include the real estate value of the investor’s permanent residence; or
  • Have invested in securities, future contracts or digital assets with the port size of over THB 5,000,000 in value.

The above requirements, however, do not apply to investors who wish to invest in the stable coin.

2). Knowledge Requirements

  • Crypto investors must pass at least 80% in the knowledge test prior to investing in crypto; and
  • Must have at least 2 years of investment experience on crypto trading, securities or future contracts; or
  • Have obtained necessary training in finance and investment (e.g. CFA, CISA, CAIA or CFP).

The above requirements, however, do not apply to investors who open a trading account with digital asset fund manager.

3). Trading Requirement

  • The minimal value in a newly opened trading account must be at least THB 1,000.

For those that have failed to meet the above proposed requirements, but still wish to invest in crypto, they will be required to invest via a Digital Asset Fund Manager approved by the SEC who also needs to design and implement an appropriate knowledge test for the investors prior to trading. Overall, the new proposed requirements for crypto investors are rather controversial, especially the financial requirements. Proponents of crypto trading have argued that such hefty requirements will further disincentive crypto trading in Thailand and would cause unintended consequence which may divert Thai crypto investors to black markets or unregulated operators abroad instead.

This is the latest development on crypto trading framework in Thailand. We expect more news and updates in the near future and will keep you posted on the development. For further assistance, please contact: law@ilct.co.th.

By: Palawi Bunnag & Chart Chotiphol

 

 

 

Additional Conditions for Entering the Kingdom, Visa Regulations & Extension-of-Stay

Additional Conditions for Entering the Kingdom, Visa Regulations & Extension-of-Stay

 

1). Additional Conditions for Allowing Aircraft to Fly in and out of Thailand

On August 3, 2020, The Civil Aviation Authority of Thailand (“CAAT”) had made an additional announcement regarding Conditions for Allowing Aircraft to Fly in and out of Thailand (No.3). The new announcement includes new category of persons that will be allowed to enter Thailand, these include the following:

  • Aliens with Thai residence certificate, including their spouse and children;
  • Non-Thai nationals with a work permit, including their spouse and children;
  • Foreign workers whose employers or agents were granted permission by the Thai government to bring foreign workers to temporarily work and stay in Thailand;
  • Non-Thai nationals under a special arrangement between the Thai government and foreign countries;
  • Special individuals or groups under the recommendation of the ad hoc committee and approved by the Prime Minister.

Nonetheless, all persons entering Thailand must still comply with COVID-19 Public Health Countermeasure’s Regulations and shall be subject to a 14-day state required quarantine or alternative state quarantine (ASQ) at their own expenses.

2). Visa Regulations & Extension-of-Stay

The Thai Immigration Bureau had also made an announcement regarding Thailand’s visa regulations and condition for extension-of-stay for visa holders during COVID-19 Public Health Countermeasure, they are as listed below.

A). For Short-Term Visa

This includes Tourist Visa (TR), Transit Visa (TS), Visa-on-Arrival (VOA) and those with Visa exemptions. Those holding the visa types as listed must prepare to depart Thailand no later than September 26, 2020. With this being said, those with the following reasons will be eligible to apply for a 30-day extension-of-stay per permission:

  • Those suffering from illnesses – A valid medical certificate must be provided to a local immigration office;
  • Other reasons such as: no available departing flights or destination country undergoing outbreak restriction/containment protocol – A letter of confirmation from an embassy or consulate must be provided to a local immigration office.

B). For Long-Term Visa

Holders of long-term visa must submit an application for visa extension in accordance to their respective visa types. The application for visa extension may be submitted from now until September 26, 2020 (last day). The extension will be effective from September 27, 2020 onwards.

C). Notification of Residence

House owners, heads of household, landlords or managers of hotels (e.g. Airbnb, B&B and hostel) that accommodate foreign nationals on a temporary basis must notify the local immigration authorities within 24 hours from the time of arrival of the foreign national.

Moreover, any foreign nationals who have been granted the temporary permission to stay in Thailand on long term non-immigrant visa must notify his/her residence to the immigration officer every 90 days. Foreign nationals under this category with a notification deadline falling between March 26, 2020 – July 31, 2020 must notify the immigration officer no later than August 31, 2020.

 

Thailand Signboard Tax

Thailand Signboard Tax

 

Thailand Signboard Tax Act B.E. 2510 (1967) (“STA”) stipulated that any signboard/signage (“Signboard”) for advertisement purposes (i.e. signage displaying name, brand or trademark) shall be subjected to tax collection.  Under the STA, Signboard owner is responsible for paying the tax. However, if the owner cannot be identified for any reasons, the tenant or the land/building owner where the signboard is located shall be responsible for the said tax payment.

With this being said, signage located on product, packaging, human or animal are exempted. Signboard displayed on a private property and not exceeding the allowed size is exempted. Additionally, Signboard belonging to governmental authorities, temples and charitable foundations are also exempted from the tax payment under the STA.

In July 2020, the Thai cabinet has approved an amendment to the Ministerial Regulations No. 5 (B.E. 2535) (1992) further adjusting the Signboard tax rate.  Moreover, the new amendment also includes a tax collection scheme for mechanical sign, moving text sign and electronic sign (“Animated Signboard”) that advertise more than one images within a one-minute timeframe. The new tax rate will become effective on January 1, 2021 and shall continue till December 31, 2023. The new rates are as stipulated below.

1). Long-term Signboard (Annual Tax Payment)

Long-term Signboard means any signboard/signage displaying text, symbol or picture for longer than 12 months (excluding Animated Signboard), Signboard in this category will be subjected to annual tax payment as follows:

  • Signboard with Thai language only – THB 5 per 500 cm²
  • Signboard with a combination of Thai/foreign languages and/or pictures/markings – THB 26 per 500 cm²
  • Non-Thai Signboard – THB 50 per 500 cm²
  • Foreign language Signboard with Thai located below the foreign language portion – THB 40 per 500 cm²

2). Short-term Signboard (One-time Tax Payment)

Short-term Signboard means any signboard/signage displaying text, symbol or picture for less than 12 months (including Animated Signboard), Signboard in this category will be subjected to a one-time tax payment as follows:

  • Signboard displayed for less than 3 months – THB 1,010 per 1 m²
  • Signboard displayed for no less than 3 months but not exceeding 6 months – THB 1,020 per 1 m²
  • Signboard displayed for no less than 6 months but not exceeding 9 months – THB 1,030 per 1 m²
  • Signboard displayed for more than 9 months – THB 1,040 per 1 m²
  • Any Signboard with a tax valuation under THB 1,010 shall pay a fixed rate of THB 1,010 per sign

Signboard owner or tenant are obligated to pay the tax within March of every year. In the event of new installation or modification of the Signboard, the owner/tenant is obligated to file a tax return within 15 days from the completion of the new Signboard. Failure to comply with the STA or pay the stipulated Signboard tax may be fined, imprisoned or both. Overall, owner or tenant are encouraged to comply with the STA to avoid any unnecessary punishments.

 

มาตรฐานการรักษาความมั่นคงปลอดภัยของการประชุมผ่านสื่ออิเล็กทรอนิกส์

มาตรฐานการรักษาความมั่นคงปลอดภัยของการประชุมผ่านสื่ออิเล็กทรอนิกส์

สืบเนื่องจากการที่พระราชกำหนดว่าด้วยการประชุมผ่านสื่ออิเล็กทรอนิกส์ พ.ศ. 2563 ซึ่งถูกประกาศใช้ตั้งแต่วันที่ 19 เมษายน 2563 เป็นต้นมา ได้กำหนดให้การประชุมผ่านสื่ออิเล็กทรอนิกส์ต้องเป็นไปตามมาตรฐานการรักษาความมั่นคงปลอดภัยที่กระทรวงดิจิทัลเพื่อเศรษฐกิจและสังคมกำหนด

ด้วยเหตุนี้ กระทรวงดิจิทัลเพื่อเศรษฐกิจและสังคมจึงได้ออกประกาศเรื่อง มาตรฐานการรักษาความมั่นคงปลอดภัยของการประชุมผ่านสื่ออิเล็กทรอนิกส์ พ.ศ. 2563 โดยให้มีผลบังคับใช้ตั้งแต่วันที่ 27 พฤษภาคม 2563 เป็นต้นไป สาระสำคัญของประกาศดังกล่าวสามารถสรุปได้ดังนี้

ในการประชุมผ่านสื่ออิเล็กทรอนิกส์ ผู้มีหน้าที่จัดการประชุมต้องจัดให้มีกระบวนการดังต่อไปนี้เป็นอย่างน้อย

  • การแสดงตนของผู้ร่วมประชุมผ่านสื่ออิเล็กทรอนิกส์ก่อนการประชุมจะต้องมีความมั่นคงและรัดกุมตามความเหมาะสมกับการประชุม
  • การสื่อสารหรือมีปฏิสัมพันธ์กันได้ด้วยเสียง หรือทั้งเสียงและภาพ จะต้องเชื่อมโยงผู้ร่วมประชุมที่มิได้อยู่ในสถานที่เดียวกันให้สามารถประชุมปรึกษาหารือและแสดงความคิดเห็นระหว่างกันได้ผ่านสื่ออิเล็กทรอนิกส์ได้ในเวลาเดียวกัน
  • ผู้มีหน้าที่จัดการประชุมต้องจัดส่งเอกสารประกอบการประชุมของผู้ร่วมประชุมให้ให้แก่ผู้ร่วมประชุมก่อนหรือในระหว่างประชุม
  • การลงคะแนนของผู้ร่วมประชุมต้องเป็นไปตามวิธีการที่กำหนดในประกาศนี้
  • การจัดเก็บข้อมูลหรือหลักฐานที่เกี่ยวข้องกับการประชุมผ่านสื่ออิเล็กทรอนิกส์ ซึ่งรวมถึงการบันทึกเสียง หรือทั้งเสียงและภาพของผู้ร่วมประชุมทุกคนตลอดระยะเวลาที่มีการประชุม (เว้นแต่เป็นการประชุมลับ) จะต้องถูกบันทึกในรูปข้อมูลอิเล็กทรอนิกส์และเก็บรักษาด้วยวิธีการที่มีความมั่นคงปลอดภัยและด้วยวิธีการที่เชื่อถือได้
  • การจัดเก็บข้อมูลจราจรอิเล็กทรอนิกส์ของผู้ร่วมประชุมทุกคนไว้เป็นหลักฐานจะต้องเป็นไปตามวิธีการที่ประกาศฉบับนี้กำหนด
  • การแจ้งเหตุขัดข้องในระหว่างการประชุม ให้ผู้มีหน้าที่จัดการประชุมจัดเตรียมช่องทางการแจ้งเหตุขัดข้อง เพื่อรองรับการแก้ไขเหตุขัดข้องที่เกิดขึ้นในระหว่างการประชุม

นอกจากกระบวนการข้างต้นแล้ว การประชุมผ่านสื่ออิเล็กทรอนิกส์จะต้องมีมาตรฐานการรักษาความมั่นคงปลอดภัยด้านสารสนเทศในเรื่องดังนี้เป็นอย่างน้อย

  • การรักษาความลับ (confidentiality)
  • การรักษาความครบถ้วน (integrity)
  • การรักษาสภาพพร้อมใช้งาน (availability)
  • การรักษาความเป็นส่วนตัวและการคุ้มครองข้อมูลส่วนบุคคล
  • คุณสมบัติอื่น ๆ ได้แก่ ความถูกต้องแท้จริง (authenticity) ความรับผิด (accountability) การห้ามปฏิเสธความรับผิด (non-repudiation) และความน่าเชื่อถือ (reliability) ของข้อมูลอิเล็กทรอนิกส์ที่เกี่ยวข้องหรือเกิดจากการประชุม

ในกรณีที่เป็นการประชุมในเรื่องลับ ประกาศฉบับนี้ยังได้กำหนดมาตรการรักษาความมั่นคงปลอดภัยเพิ่มเติมเพื่อป้องกันมิให้บุคคลที่ไม่มีสิทธิร่วมประชุมรู้หรือล่วงรู้ถึงข้อมูลเกี่ยวกับการประชุมอีกด้วย

นอกจากมาตรการที่สรุปไว้ข้างต้น ประกาศฉบับนี้ยังได้ให้อำนาจสำนักงานพัฒนาธุรกรรมทางอิเล็กทรอนิกส์ในการกำหนดมาตรฐานการรักษาความมั่นคงปลอดภัยด้านสารสนเทศของระบบควบคุมการประชุมเพิ่มเติมได้หากเห็นสมควร อีกทั้งยังให้อำนาจหน่วยงานดังกล่าวเข้าตรวจประเมินและรับรองระบบควบคุมการประชุมผ่านสื่ออิเล็กทรอนิกส์ให้เป็นไปตามมาตรฐานที่กำหนดในประกาศนี้ ดังนั้น นิติบุคคลที่ประสงค์จะจัดการประชุมผ่านสื่ออิเล็กทรอนิกส์จึงควรติดตามประกาศจากหน่วยงานที่เกี่ยวข้องอย่างใกล้ชิดเพื่อให้สามารถจัดเตรียมการประชุมได้ถูกต้องครบถ้วนตามวิธีการและมาตรฐานที่กฎหมายกำหนด

 

 

 

Announcement for holding the AGM via a video conference

Announcement for holding the AGM via a video conference

Due to the previous impracticality of the Announcement of the National Council for Peace and Order No. 74/2557 on Electronic Media Conference, B.E. 2557 (2014), which stated the following restrictions:

  1. 1/3 of the quorum must be presence in the same place, which was found to be conflicting with the current social distancing guideline imposed by the Emergency Decree on Public Administration in Emergency Situation B.E. 2548 (2005) and Communicable Diseases Act B.E. 2558 (2015) along with the WHO’s health guideline; and
  2. The previous requirement that all participants/attendees must be in the Kingdom at the same time.

The above restrictions were found to be impractical and leaving many businesses to postpone their annual general meeting (AGM) indefinitely.

To resolve this issue, the Thai government had made an additional announcement on the Emergency Decree on Electronic Media Conference, B.E. 2563 (2020) which came to effect on April 19, 2020. The new announcement effectively lifted the previously mentioned (1) and (2) restrictions. Under this new regulation, 1/3 of quorum no longer needs to be in the same venue nor within the Kingdom during the AGM. Hence, connection via video conferencing without having to meet the required quorum will now be considered valid.

Nonetheless, corporate entities must comply with the Announcement of the Ministry of Information and Communication Technology on Security Standards for Electronic Media Conference, B.E. 2557 (2014), in regard to the security standards for electronic media conference such as:

  • There must be a sufficient identification, verification and authorization protocol for the participants/attendees;
  • Record all audio and visual content of the meeting (except confidential matters);
  • Record all video traffic information of the meeting.

For now, corporate entities wishing to hold the AGM via video conference may refer to the guideline issued by the Ministry of Digital Economy and Society, which can be downloaded via this link (http://dmsic.moph.go.th/index/detail/8076).

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