at developing the Thai digital asset market. This includes coordinating with relevant authorities on tax matters and amending legislations related to digital assets and oversight regulations in the
companies on mai and SET. This includes the once-a-day trading session and eligible investors for trading via LiVe Exchange platform must have experience, knowledge and understanding of the invested products
business. This also includes requirements related to information security audits and the qualifications of the auditor who must be qualified and independent; (3) Revising the requirements and guidelines in
funds which includes plain vanilla funds and passive ETF. Both regulators are expecting to conclude the discussion and sign the MoU within the second quarter this year before cross-border offerings
operate such businesses with reasonable costs because the current licensing regime under the Ministerial Regulation is securities license which includes various groups of securities business and all
management process of mutual funds, the SEC encourages asset management companies to strengthen the efficiency of such process. This includes establishing a clear risk management policy and measures
annual report. The information available in MD&A and risk factors includes analysis and explanation concerning the impact on business operation, financial condition, operating result, obligation for prior
in investments without active involvement in management. This includes investments in securities, derivatives or digital assets at a collective total exceeding 40 percent of the total assets as per the
securities offering and ongoing process which includes pre-fundraising screening, effective trading monitoring system, and legal enforcement function. In addition, more efforts will be made to ensure that the
multitude of factors, which among other things includes the government's budget spending, private investments, manufacturing and export sectors, and the capital market conditions. In 2006, the Thai economy