RIETs (both Thai and foreign) and property fund type 1. In case of investments in incomplete real estate: Investment amount for development + investment outlay for acquisition of the assets shall be < 10
Content Business Operator A Settlor of an Infrastructure Trust A settlor (after settling of a trust will manage the trust, thereby called a trust manager) assumes crucial roles starting from
finance or Continuing development course in accounting knowledge for CFO and Chief Accountant A CFO and a chief accountant are required to complete an orientation course in accounting and
fair shareholding structure; Directors, executives and major shareholders do not have conflict of interests or there are adequate measures to manage conflicts of interest; There is no reason to doubt
Infrastructure Trust Regulatory Summary Related Rules/Regulations Related Forms A trustee is a person acquiring a transfer of right over a property from a trust manager to manage the property for the
Content Financial reporting and audit oversight Related Web Link The Federation of Accounting Professions (TFAC) The Department of Business Development, Ministry of Commerce The Revenue Department
) have measure to control and manage risks associated with business operation; (4) have effective measure on internal control with respect to business operation; (5) have operational system promptly for
) have measure to control and manage risks associated with business operation; (4) have effective measure on internal control with respect to business operation; (5) have operational system promptly for
accounting professional standards to be in line with the international, both the development of accounting standards according to IAS and IFRS prescribed by the International Accounting Standards Board (IASB
platform. The advisory process should be carried out based on theoretical principles and include measures to manage conflicts of interest effectively. 5. Clearly segregating the unit of trading function