/News_Detail.aspx?SECID=8535 SEC revises the digital asset business licensing manual for more convenience of business operators The revised licensing manual gives more convenience to business operators wishing to

period. Additionally, the definition of Qualified Subordinated Debt has been revised to include provisions requiring business operators to defer principal payments and cancel or defer interest or any

two jurisdictions under a streamlined authorisation process.The revised Framework, which incorporates feedback from extensive industry consultations, seeks to promote more cross-border offerings of

may impose a conflict of interest, unfairness or damage to unitholders' interest. In addition, the fund voting provisions have been revised to increase efficiency in practice whereby unitholders are

Previously, the SEC revised the criteria for determining persons deemed to be major shareholders of securities and digital asset business operators (“business operators”) requiring approval, with

UNOFFICIAL TRANSLATION Readers should be aware that only the original Thai text has legal force, and that this English translation is strictly for reference. PAGE UNOFFICIAL TRANSLATION (Revised 2015

UNOFFICIAL TRANSLATION (Revised 2015) 3. Certification of the Applicant Date ........ Month ........ Year ............... Dear Secretary-General of the Office of the Securities and Exchange

the principal and interest at the full amount without conditions, as of the issue date of the bills;    2. Bills issued by the Bank of Thailand The Notifications** on the revised regulations have been

The amendments to the regulations on offering for sale of bills are in alignment with the revised characteristics of bills deemed as securities, with the key points as follows:   1. Repealing the

or revised to lessen burden on people. By doing so, methods used must be done with speed, transparency, low costs with participation of all related parties. ** Pursuant to Section 59 of the