could not rectify the problem within the specified period, which is deemed non-compliance with Clause 9(3) of the SEC Notification No. KorThor/Nor/Khor. 14/2551 Re: Approval for Undertaking of Derivatives
Person’s Meeting B.E. 2563 (2020), dated 4 March 2020, whereby public limited companies affected by the outbreak to the point that their AGM cannot be held or has to be postponed beyond the period
deadline for the submission and publication of the annual financial statements for the period ending 31 December 2019 to 30 April 2020 by allowing securities companies and derivatives business operators
sort out the training and renewal requirements during the social distancing period. In this regard, fund managers, derivatives fund managers, investment analysts, investment consultants and investment
real-life environment with real customers while complying with the regulations and conditions suitable for the experimenting period, for example, the requirement for standard systems and the maximum
capital market auditor for a period of two years, starting from 8 October 2019. The SEC has also advised KPMG to conduct a root cause analysis on Patamavan’s performance deficiencies and lay out a
issuing regulations on disclosure of interim financial information, including the requirements on format, frequency and period of preparation and submission of interim financial reporting. Currently, SEC is
such principle and includes the transitional provisions with the effective period for 6 months commencing from the Effective Date of the notification. This will serve as the timeframe for the existing
businesses in case they fail to maintain capital adequacy as required.SEC has proposed a grace period of two years for existing asset management companies and trust managers in operation before the effective