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
, insurance company, and mutual fund (2) high-net-worth individual (3) retail investor or juristic person with minimum of 2 million baht initial subscription. The persons in (2) and (3) will be required to have
individual, in particular tax privilege; and (iii) any person or group of persons will not be allowed to dominate mutual fund management.Key proposed revisions require retail fund and money market fund to
funds), excluding equity funds. The amendments aim to ensure proper unit allocation and prevent any undue benefit by any particular individual. For example, the revisions require any person or group of
” concept. Moreover, under the “Segment of One” concept, we focus on strengthening our capabilities by using data and advanced technology to understand and anticipate each individual customer’s need and
able to show that any individual being its director, manager or person with power of management who is in charge of derivatives business of the applicant meets the requirements and does not have any
able to show that any individual being its director, manager or person with power of management who is in charge of derivatives business of the applicant meets the requirements and does not have any
three years relating to gold; (4) Being able to show that any individual being its director, manager or person with power of management who is in charge of derivatives business of the applicant meets the
a trustee to protect digital token holders’ interests. Trustee will possess real estate or hold shares of special-purpose entity (SPV), which is a real estate owner, at no less than 75% of SPV’s
every individual or juristic person assigning the management of such funds is institutional investor or qualified as high net worth investor(8) Organizations or juristic persons established under specific