Determination of Form and Procedure of Application and Form of License for Undertaking Securities Business Pursuant to the Ministerial Regulation Concerning Granting of Approval for Undertaking
Guidelines for Considering Characteristics of Giving Advice to the Public Which Is Not Deemed an Undertaking of Securities Business in the Category of Investment Advisory or an Undertaking of
Rules on the Undertaking Derivatives Business for Derivatives Broker and Dealer in the Category of Registered Type
with sufficient information to effectively monitor and assess risks in business operations and keep pace with current circumstances. Additionally, they would enhance trust and confidence among
operate such businesses with reasonable costs because the current licensing regime under the Ministerial Regulation is securities license which includes various groups of securities business and all
their respective types of risks and facilitate development of different types of securities businesses. Pursuant to the current rules, the paid-up registered capital of securities companies and
capital market. This is to allow existing business operators, apart from securities companies, financial institutions, or newly established companies as specified in the current ministerial regulation, to
, respectively, to lure the investing public into their businesses.The aforesaid acts are deemed undertaking derivatives business without license in contravention of Section 16 of the Derivatives Act B.E. 2546
. While current regulation only allows the securities companies, commercial banks, insurance companies, and newly-established companies to apply, the amendment to the Ministerial Regulations concerning