business relationships with a securities company, but not including provident funds under the provident fund laws; (3) “ultimate beneficial owner of the transactions” means a natural person who ultimately
derivatives contracts; “Foreign derivatives business operator” means any person undertaking derivatives business under the law of foreign country and under supervision of authority or agency which regulates
“Foreign derivatives business operator” means any person undertaking derivatives business under the law of foreign country and under supervision of authority or agency which regulates derivatives business in
derivatives contracts; 1“Foreign derivatives business operator” means any person undertaking derivatives business under the law of foreign country and under supervision of authority or agency which regulates
under the Notification of the Capital Market Supervisory Board concerning Issuance and Offer for Sale of Trust Units of Infrastructure Trusts. Clause 2 Unless otherwise prescribed in this Notification
perform duties honestly under Section 89/7 and thus subject to the penalties under Paragraph 2 of Section 281/2, Section 307, Section 308, Section 311 and Section 312 of the Securities and Exchange Act B.E
in Capital Market Act B.E. 2550 (2007), the SEC Office hereby issues the following regulations: Clause 1 In this Notification: “trust” means the infrastructure trust created under the Notification of
registered to be derivatives intermediaries; (6) a financial institution whose core business is under direct supervision of another regulatory agency and later obtained license to undertake securities business
under other laws where the establishment of a branch office of such company shall be made under such laws as specified under the third paragraph of Section 92 of the Securities and Exchange Act B.E. 2535