regulatory mapping exercises whereby a common ground has been established on 3 January 2020 regarding mutual recognition of funds. At the preliminary stage, both parties agreed on cross-border offerings of
wish to pursue. In such case, the paid license fee will be calculated as a discount for the new license fee. Financial institutions established under specific law are also eligible for License E and PF
established under specific law; or (6) newly established limited company or public limited company to undertake securities business in the category of investment advisory service under this Ministerial
ETFs to be in line with those domestically established. The amended notifications were published in the Royal Gazette and came into force on 16 December 2023. The ETFs established before such effective
financial institution established under a specific law and treated as a financial institution under the Law on Loan Interest of Financial Institutions ; (3) Islamic Bank of Thailand; “ obligor ” means a
institution established under a specific law and treated as a financial institution under the Law on Loan Interest of Financial Institutions 2 ; 1 The Law on Financial Institutions means the Financial
management of proprietary portfolios or private funds or investment projects established under laws governing finance business, securities business and credit foncier business; (d) credit foncier companies; (e
limitedcompany to undertake securities finance business and application and issuance of license to the companyso established to undertake securities finance business shall be specified in this Ministerial
SEC is of the view that limited company or public limited company to be established has qualifications as specified in this Ministerial Regulation, the SEC shall recommend the Minister to approve
: Clause 1 Application and approval on establishment of limited company or public limitedcompany to undertake securities finance business and application and issuance of license to the companyso established