non-prosecution order http://market.sec.or.th/public/idisc/en/Enforce SEC eases rules on establishment of audit committee of securities companies customers’ assets in its possession to have at least 2
securities companies customers’ assets in its possession to have at least 2 audit responsible for recipience notified from the auditor that may report doubtful behavior which directors or managers have
at least five members to the board of directors, and of this at least two board members shall be independent directors, as well as to establish an audit committee. These requirements aim to ensure that
following matters: (1) code of business ethics for members, which shall contain at least the following provisions: (a) members shall operate business honestly and shall act ethically in relation to clients or
minimum number of businesses and the nature of the businesses for which the auditors perform audit work and affix signature on the auditor’s report from at least three businesses to at least two
sufficient information before making decision. The above transaction is required to be approved by the resolution of shareholders? meeting with at least ¾ of shareholders attending the meeting and eligible to
at least 2 years investment experiences. High yield bond mutual funds will be allowed to invest in unrated bonds or non-investment grade debt instruments without limit but concentration rule will
maintain the minimum net capital of B15 million (or at least B25 million if holding derivatives agent license). In addition, securities companies must maintain the minimum net liquid capital of at least 7
in agenda not included in the notice of shareholders? meeting but may later be added in the meeting.It is worth noting that the Public Limited Company Act B.E. 2535 allows shareholders with at least 1