appoint an officer of the Office to be the secretary of the Capital Market Supervisory Board. SECTION 16/2 Each commission member appointed by the Minister shall be Thai nationals and shall not possess any
one fourth of directors to be independent director. In this regard, the independent director shall have qualification and shall not possess prohibited characteristics as specified by the Notification of
practice. Clause 2 An intermediary shall provide one fourth of directors to be independent director. In this regard, the independent director shall have qualification and shall not possess prohibited
directors to be independent director. In this regard, the independent director shall have qualification and shall not possess prohibited characteristics as specified by the Notification of the Capital Market
above, or any actions in good faith that do not include increases in investment, the mutual fund management company shall take following actions: Excess from Increases in Investments
above, or any actions in good faith that do not include increases in investment, the mutual fund management company shall take following actions: Excess from Increases in Investments
of their acts, the aforesaid four persons are deemed to possess prohibited characteristics of capital market personnel as specified in the Notification of the Capital Market Supervisory Board No. Tor
items for annual general meetings and extraordinary general meetings, to require the persons proposing the agenda item to possess sufficient information and supporting documents, to specify details in
a trustee to protect digital token holders’ interests. Trustee will possess real estate or hold shares of special-purpose entity (SPV), which is a real estate owner, at no less than 75% of SPV’s
, possess wealth that meets the criteria, and are able to accept high risk associated with the trading situation of SMEs and startups. The governing rules and regulations are expected to take effect within