the public prosecutor to file a civil lawsuit against these 11 persons to the Civil Court to impose a civil monetary penalty at the maximum rate permissible under the law. Accordingly, the SEC will
company or securities company – all at the maximum penalties as allowed by law –, (4) impose a compensation for the benefits received from their commission of offenses, and (5) impose a reimbursement of the
to identify the clients and the true beneficiaries and did not reconsider appropriate credit lines for the clients in accordance with the law. Such neligence exposed the company to risk whereby
the clients in accordance with the law. Such neligence exposed the company to risk whereby inappropriate transactions or illegal actions may be committed and evade detection. Such circumstances would
and offer for sale of securities under the law of the Kingdom of Thailand; or (c) any non-compliance with the requirements, procedures, or conditions required in the offer for sale or the allocation of
first paragraph is a commercial bank under the law on financial institution business, a life insurance company under the law on life insurance, or a financial institution established under a specific law
means the following securities: (1) the investment unit specified under the Law on Securities and Exchange ; (2) a financial instrument or certificate representing the right of the holder as the owner or
2018 (effective on 16 July 2018). 2 (1) the investment unit specified under the Law on Securities and Exchange; (2) a financial instrument or certificate representing the right of the holder as the owner