identifier. The CRA should also disclose how this differentiation functions. 3.8 A CRA should be transparent with investors, rated entities, obligors, originators, underwriters, and arrangers about how the

activities is described using ISIC4 codes, which cover 21 broad sectors and with four further levels of differentiation. At the fourth level, 615 classes of economic activity are identified. Use: activity is

finance products from credit ratings of other types of entities or obligations, preferably through a different credit rating identifier. The CRA should also disclose how this differentiation functions. 3.8

payment and capital refund to the unitholders; 2. the fees or expenses to be charged to the unitholders; 3. other differentiation that is practical and regardful of the benefit of all unitholders including

in the relevant section and presented in a box like this one. If a section does not have a box like this one, assume that there is no differentiation between the requirements for non-smallholders and

E_1 Legal_FA_2015_12_29-c A brWCorpL.1hig A Executive Summary Management Discussion and Analysis For the Quarter Ended March 31, 2018 In the first quarter of 2018, Thai economic growth gained traction, buoyed by both domestic and international factors. However, the business sector faced rising challenges, namely various forms of competition, a borderless marketplace within the ASEAN Economic Community (AEC), and the advancing digital age amid the rapid pace of technological advancement, thus lea...