simply notifies the SEC of the outsource activities at least 15 days in advance. In case of outsourcing to any other person, business operator is required to seek the SEC approval and outsourcing
are allowed to outsource without seeking for the SEC approval; they simply need to notify the SEC in advance, if the outsourcees are as follows; (i) a financial institution, (ii) a subsidiary of the
Section 117 Securities and Exchange Act B.E. 2535 Section 117. In the management of a mutual fund, a securities company may set up and manage a mutual fund only when its application to set up the
profit or sharing income among themselves, securities business, only by virtue of the provisions of this Act.
procedure of business operation including strategic, manufacturing and marketing plans, which is certainly not simply making donation. Last but definitely not least, ?anti-corruption in practice? must be
individual, and shall be allowed to undertake a derivatives business only after a license from the SEC has been obtained. Any derivatives business operator which is a legal entity under Section 17 and engages
Section 92 Securities and Exchange Act B.E. 2535 Section 92. A securities company may establish a branch office only when an approval has been given by the Office. The application for and the