Section 117 Securities and Exchange Act B.E. 2535 Section 117. In the management of a mutual fund, a securities company may set up and manage a mutual fund only when its application to set up the
profit or sharing income among themselves, securities business, only by virtue of the provisions of this Act.
through secondment program and training program among members and through collaboration with external parties.ACMF expressed its gratitude to the Asian Development Bank (ADB) for its support in providing
individual, and shall be allowed to undertake a derivatives business only after a license from the SEC has been obtained. Any derivatives business operator which is a legal entity under Section 17 and engages
Section 92 Securities and Exchange Act B.E. 2535 Section 92. A securities company may establish a branch office only when an approval has been given by the Office. The application for and the
CO., LTD. GFPT: GFPT PUBLIC COMPANY LIMITED GGC: GLOBAL GREEN CHEMICALS PUBLIC COMPANY LIMITED GIFT: GRATITUDE INFINITE PUBLIC COMPANY LIMITED GJS: G J STEEL PUBLIC COMPANY LIMITED GL: GROUP LEASE
allowed to outsource only to subsidiaries, audit firms, or financial institutions. For instance, outsourcing risk management and compliance will be allowed only to subsidiaries; while the fund investment