. Any fallback mechanisms in case the SPTs cannot be calculated or observed in a satisfactory manner, should be explained. Issuers may also consider including, where needed, language in the bond

form shall be completed in Thai or English language. (18) Procedure and Period of approval When the SEC Office receives the completed application form, SEC Office will inform result of approval within

understanding of credit ratings by disclosing in plain language, among other things, the nature and limitations of credit ratings and the risks of unduly relying on them to make investment or other financial

submitted to the SEC Office under this Notification shall be in Thai or English unless the SEC Office renders a waiver for use of any language other than English. In cases where the information or

stated. Clause 24 mutual funds and trusts may prepare and submit the annual report to the SEC Office and unitholders in the form of printed document or a compact disc. To the extent that it is possible

situations, the calculation and evaluation of a KPI against an SPT must remain transparent, specific, and replicable over time. Language which leaves room for interpretation – for example as to whether or not

shall comply with this Notification. In this regard, where the rules, under this Notification or under other Notifications of Capital Market Supervisory Board including any regulations or guidelines

rating, and the extent to which the CRA verifies information provided to it by the rated entity, obligor, or originator, or the underwriter or arranger of the rated obligation. For example, if the credit

and closures that may be imposed for spikes in occurrences of the virus and the extent to which any such measures could be implemented remain uncertain, including whether any more temporary or permanent

displaying information in accordance with the following criteria: (1) using language that is easily understood; (2) not displaying language or information that is false, exaggerated, misleading or may cause