and develop securities business related to investment management; “debt financing” shall include the issuance of debt instruments or conclusion of any transaction that would result in or is in substance

via active and inventory cost control in order to achieve economies or scales; and (ii) other cost management such as financing costs, insurance costs, working capital management, and organizational

lower financing costs. • Non-controlling interests decreased by THB 190 million mainly due to lower net profit of GHECO-One and HHPC. GPSC - Q3/2020 Management Discussion and Analysis (MD&A) 6 Economic

Risk Management to Prevent the Use of Securities Business for Money Laundering and Financing of Terrorism

Re: Risk Management to Prevent the Use of Securities Business for Money Laundering and Financing of Terrorism Reference is made to the Anti­Money Laundering Office (AMLO)’s amendment to the Anti-Money

Re: Risk Management to Prevent the Use of Securities Business for Money Laundering and Financing of Terrorism Reference is made to the Anti-Money Laundering Office (AMLO)’s amendment to the Anti-Money

Re: Risk Management to Prevent the Use of Securities Business for Money Laundering and Financing of Terrorism Reference is made to the Anti-Money Laundering Office (AMLO)’s amendment to the Anti-Money

) |- Major Shareholders (section 90 and 91) |- Advertising (section 98(10)) |- Statutory Disqualifications for Management (section 103) |- OTC Securities Dealer (section 114) |- Revocation of License (section

business service as a channel for money laundering and terrorist financing such as requiring securities business operator (securities firms and asset management companies) to learn of client?s identity, a so

(5)) |- Proprietary Trading |- Other Business Undertaken by Securities Companies |- Advertising (section 98(10)) |- Statutory Disqualifications for Management (section 103) |- Management Approval and