PowerPoint Presentation Procedure for Administrative Action and Appeal Filing Taking legal action(s) Administrative Action Civil Sanction Criminal Action Considering whether to constitute law
Clause 3. Law on administrative procedure shall, mutatis mutandis, be applicable to a consideration and imposition of administrative sanction and consideration on an appeal against such imposition. Clause
Court of First Instance The Appeal Court The Supreme Court These offenses (e.g. presenting false statement concerning public offering, analyzing financial position based on false information, using or
third-party “oracles” to supply data – Manipulating prices on outside sites allows attackers to compromise DeFi platforms Regulatory challenges continued • Ignorance and overconfidence of regulators – “We
the civil sanctions. The SEC Office files the case with the civil court. The Court imposes civil sanctions. The Court dismisses the case Is the judgement appealed? The Appeal Court YES Imposing the
) Operating Accruals (OA) Overconfidence Sloan (1996) Net Operating Assets (NOA) Over-optimism Hirshleifer et al. (2004) Return on Assets (ROA) Underreaction Wang and Yu (2013) Asset Growth (AG) Overreaction to
% compared to Q3/2018. Revenues from reduction of defaulted interest under the Court's order amount 16.66 Baht million. On September 25, 2019, the Appeal Court has modified decision by ordering the Company to
% compared to Q3/ 2017. Revenues from reduction of defaulted interest under the Court's order amount 16.66 Baht million. On September 25, 2019, the Appeal Court has modified decision by ordering the Company to
% compared to Q3/2018. Revenues from reduction of defaulted interest under the Court's order amount 16.66 Baht million. On September 25, 2019, the Appeal Court has modified decision by ordering the Company to
% compared to Q3/2018. Revenues from reduction of defaulted interest under the Court's order amount 16.66 Baht million. On September 25, 2019, the Appeal Court has modified decision by ordering the Company to