that the services investors will receive from the investment advisor or fund manager are up to the same standard of conduct obligated by other digital asset business operators. For instance, Know Your

necessary. The regulations under this Notification set a standard for operation of derivatives clearing houses so that their services are efficient, transparent, and examinable, in a bid to promote confidence

the approval to offer for sale of such securities, the SEC Office is empowered to: (1) order the approved person, a director or an executive to clarify or disclose additional information within a

15.57% and when combining the transaction size within 6 months by 1.51% (Purchase of rights and assets from UFAS (Thailand) Company Limited ("UFAS") which had the highest transaction size according to the

securities company to follow. Clause 5. A securities company shall arrange to have compliance unit and an internal audit unit with recognizable and reliable standard. Such units shall undertake independent

standard. Such units shall undertake independent operation and be independent from other units. Clause 6. A securities company shall separate the units and personnel whose duties, responsibilities, or nature

such change to the SEC Office within seven days from the effective date of the change specifying therein the effective date of such change. Clause 3. The SEC Office shall notify the derivatives business

change to the SEC Office within seven days from the effective date of the change specifying therein the effective date of such change. Clause 3. The SEC Office shall notify the derivatives business

notify and submit a written documents specifying such change to the SEC Office within seven days from the effective date of the change specifying therein the effective date of such change. Clause 3. The

standard. Such units shall undertake independent operation and be independent from other units. Clause 6. A securities company shall separate the units and personnel whose duties , responsibilities, or