, trading such underlying securities while underwriting them. The relaxation aims at facilitating the brokerage firms to better manage risks associated with issuance of the instruments while the firms are
conduct of derivatives brokers as follows:1. Underwriting rules will be relaxed to permit brokerage firms that issue instruments linked to other underlying securities, e.g., derivatives warrant, trading
securities and trading securities on behalf of clients. Following a client complaint report filed by Maybank Kim Eng Securities (Thailand) Plc., the SEC further probed into the case and found that {A} advised
diligence on the projects, verify investors’ identities and status, and conduct risk assessment of investors. Issuing of each ICO can be offered the unlimited amount to institutional investors, ultra-high
platform for bond profile listing whereby investors interested in trading securities must execute transactions on the Thai Bond Market. Interested and well-prepared companies may apply for listing on
worth investors, venture capital businesses and private equity funds at an unlimited amount. Investment is capped at no more than 300,000 baht per ICO project for each individual investor, or no more
rating (if any); (6) any other information related to the trading of debt securities or having similar characteristics or related to the information under (1), (2), (3), (4) and (5). “REIT manager” means a
unlicensed digital asset business operators activities with another foreign digital asset trading platform and allowing payment for the transactions made in Thai baht through Prompt Pay and Thai QR. Such
sukuk program, the asset trustee may offer for sale under such program for unlimited times and issues, providing that the following conditions are abided by: -11- (1) a short-term sukuk to be offered for