financial institution which is under the supervision of other organization and later obtain license to undertake securities business; (b) Any juristic person established under foreign laws which is permitted

professional in accounting, finance, business administration, economics or law; Clause 2. The person with power of management of the derivatives business operator must obtain approval from the SEC Office. Clause

independence criteria as specified by the SEC Board;    (3) Undertaking of Other Businesses: Requiring any digital asset business operators who wish to undertake other businesses to obtain an approval from the

required to obtain an approval for operating respective businesses from the Minister of Finance and to maintain the standards specified by the SEC . The proposed rules also require that all digital asset

one if an individual signal is a positive signal or good news, zero otherwise. Firms with a larger number of strong fundamentals obtain a higher score. • To obtain an average standardized aggregate

?Apart from professionalism, asset management companies adhere to corporate governance principles as a factor for consideration on investment of the funds. We believe that shareholders will obtain stable

prescribe stricter supervision. For example, it is compulsory to obtain an investment management business license, establish the readiness of work systems and personnel and comply with the investment policy

from those mandatory targets prescribed by the TFAC (e.g., verified CPD 20 hours per year, and at least 10 hours related to accounting subject)? If yes, explain how and why. 8 How does the firm obtain

recommendation of the Minister of Finance, the Permanent Secretary of the Ministry of Finance, the Permanent Secretary of the Ministry of Commerce and the Governor of the Bank of Thailand and at least four but not

of the Ministry of Finance, the Permanent Secretary of the Ministry of Commerce and the Governor of the Bank of Thailand and at least four but not exceeding six experts appointed through nomination in