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
proposed amendments would: (1) apply the same auto approval principles for the establishment of local branches to the applications for establishment of foreign branches as well, (2) remove the mandatory
may cause damage to the interests of the public. Additionally, there are reasonable grounds to believe that, unless the period of asset attachment is extended, the offenders would remove or dispose
); (2) Section 15, Section 18, Section 23(3), and the first paragraph of Section 24 of the Derivatives Act B.E. 2546 (2003) which contain certain provisions in relation to restriction of rights and
revision process. The final Draft Act will be submitted according to the National Legislative Council's procedure in due course.?In addition to the legislation, the SEC is simultaneously working to remove
) Unitholders having an aggregate amount of not less than 10% of the total sold units can request the trust manager to proceed with seeking a unitholders’ resolution to remove a trustee or nominate a candidate
Bangkok, September 1, 2014 ? The SEC notified Vintage Engineering Plc. (VTE) to rectify its Q2/2014 financial statements due to auditor?s qualified opinion arising from scope restriction. VTE is then
according to the National Legislative Council's procedure in due course. ?In addition to the legislation, the SEC is simultaneously working to remove obstacles and promote more use of FinTech by giving more