inspection to the SEC Office and the auditor within thirty days. In cases where the Audit Committee fails to comply, the auditor shall report the matter to the SEC Office. The suspicious circumstances that
In the case that the trust manager fails to maintain its qualifications in accordance with Clause 3 or fails to comply with Clause 4, Clause 5, and Clause 6, the provision of the Notification of the
Licensing Manual for the Public. Clause 6 ( In the case where any securities registrar fails to maintain the qualifications as shown in the application for a license under Clause 3(2) (3) and (4), the Office
). 3 Clause 6 In the case where any securities registrar fails to maintain the qualifications as shown in the application for a license under Clause 3(2) (3) and (4), the Office shall have the power to
. In case any person fails to give a consent to the civil sanction, the SEC will forward the matter for the public attorney to file a lawsuit in the Civil Court in due course. Apart from the civil
consultant and prohibited him from re-entering the industry as capital market personnel for 10 years. In cases where any offender fails to pay the fine within deadline set by the Criminal Fining Committee
subsidiary fails to reverse the transactions, SCAN board of directors should take responsibility for the consequences of all board approved transactions. In addition, SCAN board of directors? approval on a
to deliver gold to the foreign bank at the agreed quantity and price. Under the agreement, in case Tungkum fails to deliver gold, THL will be obliged to pay the compensation for the difference between
providing trading service. Clause 9. In case where person responsible for undertaking of foreign collective investment scheme fails to comply with agreement made with securities company under Clause 6