the development of digital financial innovations. Most respondents agreed with the draft amendments. The SEC has therefore issued notifications* specifying the amendments with the key points as
compliance; (2) Revoking notifications that are no longer necessary or become overlapping, for example, repealing the rule requiring asset management companies to notify the fund’s annual report
SEC Secretary-General Rapee Sucharitkul stated that SEC has issued notifications related to the offering of digital token through ICO process and the the approval of ICO portal under the Royal
shall come into force as from 1 November 2018. Clause 2 The following Notifications shall be repealed: (1) Notification of the Capital Market Supervisory Board No. Tor Jor. 58/2559 Re: Rules for Approval
clearing and settlement, including in the case of default in securities clearing and settlement; (4) business continuity management, with measures that meet international standards in a bid to promote and
and Disposition of Assets, 2004 (collectively, the “Notifications on Acquisition or Disposal”), having the highest transaction value of 31.09 percent, calculated from the Consolidated Financial
following regulations: Clause 1 In this Notification: “REIT” means a real estate investment trust. “real estate” means an immovable property including leasehold interest of immovable property. “property fund
include the details of issue, offer, allotment and the exercise of FVC-W3 so as to comply with the relevant of notifications of the Capital Market Supervisory Board and/or other relevant authorities; (2) to
matters including inability to obtain certification from the company’s management regarding responsibility for the financial statement preparation, inability to audit operating system manual in petroleum
satisfy the audit procedures due to limitation on scope of audit imposed by the PICNI management in various matters including inability to obtain certification from the company?s management regarding