, effective from 9 November 2018; (3) In the case of {C}, she is prohibited from functioning as a branch manager responsible for capital market business, and the SEC also imposed a suspension
their clients from their own assets. Additionally, investment token issuers would be prohibited from seeking benefits from their clients’ DA under custody. The consultation paper is available at https
against them with the DSI for further legal proceedings.During the legal proceedings, {A} and {B} are deemed as having prohibited characteristics of capital market personnel and untrustworthy
Clause 23(2) and having prohibited characteristics of capital market personnel under Clause 31(1) of the Notification of the Capital Market Supervisory Board No. Tor Lor Thor. 8/2557 Re: Rules on Personnel
positions as specified by Section 89/4 and 89/6 of the SEA. In addition, he or she is deemed possessing prohibited characteristics of personnel in securities and derivatives businesses
years from June 16, 2011, providing that he must not have any prohibited characteristics when applying for the SEC?s approval.
securities trading. Because of his misconduct, Kajonchai will be subject to the SEC?s consideration regarding prohibited characteristics of capital market personnel. Meanwhile, the SEC is proceeding with the
responsible and careful duty performance. He consequently possessed prohibited characteristics of capital market personnel as specified in the Notification of the Capital Market Supervisory Board No. Tor Lor
of their acts, the aforesaid four persons are deemed to possess prohibited characteristics of capital market personnel as specified in the Notification of the Capital Market Supervisory Board No. Tor
firm to be prohibited from business expansion. In addition, in case where an increase of investment by any person or a group of persons causes the one-third limit to be exceeded, the asset management