allowed to give advice to investors about capital market products with non-complex features and investment units or debt securities with high risks or complexity, e.g., investment units of mutual funds for

with non-complex features and investment units or debt securities with high risks or complexity, e.g., investment units of mutual funds for institutional investors or ultra-high net worth investors

non-complex capital market products and complex or high-risk debt instruments or investment units, e.g., investment units of mutual funds offered to institutional or ultra-high net worth investors

“structured note” shall have the same meanings as defined in the Notification on Investment of Funds; “Notification on Investment of Funds” means the Notification of the Capital Market Supervisory Board

7 2.1 การเพิ่มปจจัยอางอิงในการออกหุนกูอนุพันธ 7 2.2 การกํากับดูแลตั๋วเงนิที่มอีนุพันธแฝง (structured note) 8 2.3 กําหนดใหธนาคารพาณิชยตางประเทศทีมีสาขาในประเทศไทยออกตราสารหนี้ไดทุกประเภท 9 -2

of Thailand. "registered debt securities" means debt securities registered with the Thai Bond Market Association that is licensed and registered with the SEC Office. “Thai Bond Market Association

other operating expenses 2,462,203 2,060,064 402,139 19.5 Impairment loss on loans and debt securities 484,520 433,670 50,850 11.7 Profit from operating before income tax expenses 1,494,151 1,844,833

depressions in farm income and high level of household debt while inflation remains at a low level. Other key risks that need to be monitored are the slowdown in global economy especially the Chinese economy

consumption and impair household debt serviceability and (5) the sluggish investment demand due to uncertain macroeconomic outlook, tightening credit conditions, and the delays in government budget process. For

2,122,948 1,415,904 707,044 49.9 Impairment loss on loans and debt securities 75,482 1,010,589 (935,107) (92.5) Profit from operating before income tax expenses 2,095,369 1,968,321 127,048 6.5 Income tax