Readers should be aware that only the original Thai text has legal force and that this English translation is strictly for reference (Unofficial Translation) PAGE (UNOFFICIAL TRANSLATION) 8 Readers

Readers should be aware that only the original Thai text has legal force and that this English translation is strictly for reference (Unofficial Translation) PAGE Readers should be aware that only

The move follows the Commerce Ministry’s decision today to declare the whole IFEC board of directors consisting of only the three named individuals. On 7 June 2018, the Commerce Ministry’s

business operators providing bond securities business services to examine and ensure that the ultimate beneficiary owners (UBO) register for their authentication with the BOT before providing the

Verification of Foreign Collective Investment Scheme and Announcement of Qualifying Scheme

relating to the financial aspect of business operators, for example, the number of shares held, shareholding proportion, trading account numbers. Verification data: Data for verification purposes, for

inconsistent with the ever-advancing technologies and do not allow businesses to access necessary information sufficiently. The FinTech Act would not only reduce such limitations by allowing established

operators, for example, the number of shares held, shareholding proportion, trading account numbers. Verification data: Data for verification purposes, for example, trader codes. Work Areas Personal Data

facilitate development and wider use of financial innovations of due diligence and know-your-client assessments (DD/KYC), (3) supporting electronic non-face-to-face identity verification, and (4) allowing