restriction in case where the asset management companies are unable to maintain adequate capital. As the asset management companies have been allowed to apply for undertaking of business as a trustee, the
prescribed. The proposal includes rectification period, restriction of business operations during rectification period and undertakings in case of failure to rectify. The proposed rules will provide more up-to
. Reviewed by taking into account comments and recommendations of the business operators received from the previous public hearing, the draft rules include rectification period, restriction of business
official. Clause 6 A removal from work position in accordance with Section 89/4 or Section 89/6 of the Securities and Exchange Act B.E. 2535 (1992) on the ground of possessing untrustworthy characteristics
any prohibited characteristics under Section 61; (2) removal by the SEC due to gross incompetent in the https://www.sec.or.th/EN/Documents/ActandRoyalEnactment/Act/act-derivatives2003-amended.pdf DRAFT
/Download?FILEID=dat/news/202105/21049870.pdf DRAFT director of the derivatives exchange shall be vacated from his office upon: (1) possession of any prohibited characteristics under Section 61; (2) removal
his office upon: (1) possession of any prohibited characteristics under Section 61; (2) removal by the SEC due to gross incompetent in the https://www.sec.or.th/TH/Documents/ActandRoyalEnactment/Act
) removal by the SEC due to gross incompetent in the https://www.sec.or.th/TH/Documents/ActandRoyalEnactment/Act/translate-deri.doc DRAFT director of the derivatives exchange shall be vacated from his office
an independent auditor at least once a year; (11) define the provision upon termination of services (exit plan) such as the provision on information retention and removal is in place to ensure that the