penalties under Section 296 of the SEA. He agreed to enter the criminal fining process and paid a fine of 4,333,480.50 baht.In addition, the criminal fine has caused Assavin to have untrustworthy
against them with the DSI for further legal proceedings.During the legal proceedings, {A} and {B} are deemed as having prohibited characteristics of capital market personnel and untrustworthy
regulatory mapping exercises whereby a common ground has been established on 3 January 2020 regarding mutual recognition of funds. At the preliminary stage, both parties agreed on cross-border offerings of
-border investment opportunities for investors. “To promote development of cross-border products, SEC Thailand has put considerable efforts to revise rules and regulations related to DR issuance in
Regulations Determination of Untrustworthy Characteristics of Company Directors and Executives - Rules Summary - RelatedRules and Regulations Qualifications of an independent director
Regulations Determination of Untrustworthy Characteristics of Company Directors and Executives - Rules Summary - RelatedRules and Regulations Qualifications of an independent director
and Exchange Commission No. Kor Jor. 3/2560 Re: Determination of Untrustworthy Characteristics of Company Directors and Executives dated 23 January 2017.
. Besides, the persons named in the criminal complaint filed by the SEC are deemed as having untrustworthy characteristics of director and executive of a publicly held company. This caused the termination of
order, the two offenders have become persons possessing untrustworthy characteristics and subsequently banned from the position of director or executive at any securities issuing company or listed company
filed the criminal complaint against {A} with the DSI for further legal proceeding. Consequently, he is deemed as having untrustworthy characteristics of director of a publicly held company, and thus