existing laws and regulations. The reviewed laws and regulations that are not necessary or do not keep pace with situations or remain obstacles to living or occupations will be abolished or revised to
separate the positions of the Chairman and the Manager. Accordingly, the Stock Exchange of Thailand will also adopt this principle for existing listed companies. It is expected that the requirement
proposed amendments will also facilitate the transformation of existing associations to become organizations of capital market business operators.The consultation paper is available on www.sec.or.th
Remark: Regulatory Guillotine is the regulatory review of the existing laws and regulations. The reviewed laws and regulations that are not necessary or do not keep pace with situations or remain
rules across all types of personnel and compile existing rules into a single notification for ease-of-use. The compilation of rules into single notification elaborates all related guidelines of capital
growth in the Financial Services sector. The MoU strengthens the existing relationship between the UK and the SEC, formalizing collaboration in areas including accounting standards; the development of
approving digital asset licensing came into force on 24 July 2018. Both existing businesses that already operate a digital business before the legal enforcement or newcomers who are interested in obtaining
approved by or refused from Minister of Finance. In pursuant to the Royal Decree on Digital Asset Businesses, B.E. 2561, which took effect on 14 May 2018, allows existing digital asset business operators who
systems by improving compliance with internationally recognized standards and codes. The recommendations contained in the report aim to build on the existing system, and offer the groundwork for a country
projects under implementation. More recently, Returns on Equity and on Capital Employed have surpassed the double-digit level. Specifically, for 2Q17, IVL achieved core ROE of 18.2% and a core ROCE of 12.6