securities or investment units. “major shareholder” means a shareholder or a beneficial owner of shares in the amount more than 10% of the total number of voting rights of the applicant. For the purpose of the
ultimate beneficial owners and ultimate controlling persons, is adequately disclosed to the public; (2) the client is a financial institution or a CIS under supervision of a regulator whose regulatory and
, including his ultimate beneficial owners and ultimate controlling persons, is adequately disclosed to the public; (2) the client is a financial institution or a CIS under supervision of a regulator whose
views on the new chapter on institution investors in the Principles. Comments included that the Principles could be more precise when it comes to the wide range of different investors that exist. Also, it
for obtaining an approval of the offer for sale of sukuk shall have the following qualifications: (1) being financial institution which has obtained an approval from Bank of Thailand to undertake
9. Opinion of the Board of Director The Board of Director has considered the reason and necessity and resolved that this financial assistance deemed appropriate reasonable and beneficial to business
the Board of Director The Board of Director has considered the reason and necessity and resolved that this financial assistance deemed appropriate reasonable and beneficial to business operation and
); “financial institution” means an entity which undertakes the following businesses: (1) commercial bank, finance business, credit foncier business; (2) securities business; (3) derivatives business; (4
to the accounting standards as specified by a professional institution approved by relevant government authorities and in accordance with additional regulations specified in the notification of the SEC.
) “Department director” means any person who is responsible for the internal operation of a department in the company; (6) “Work experience” means work experience in a financial institution or other organization