. SECTION 3. The definition “private fund management” in Section 4 of the Securities and Exchange Act B.E. 2535 shall be repealed and replaced with the following provision: “"private fund management" means
; (6) private fund management; (7) other businesses relating to securities as specified by the Minister upon recommendation of the SEC. "securities brokerage" means brokering or representing any person
service; (4) securities underwriting; (5) mutual fund management; (6) private fund management; (7) other businesses relating to securities as specified by the Minister upon recommendation of the SEC
matter. Section 13.2 The fund shall be managed by a person who is not the employer and is licensed to operate securities business in the category of private fund management under the law governing
The fund shall be managed by a person who is not the employer and is licensed to operate securities business in the category of private fund management under the law governing securities and exchange
the benefit of its own or others’, except where it is the trustee’s claim for its remuneration or where the trustee is able to show that the trust is managed with fairness under which all related
interest with the trust regardless of whether such act is done for the benefit of its own or others’, except where it is the trustee’s claim for its remuneration or where the trustee is able to show that the
able to show that the trust is managed with fairness under which all related information has been sufficiently disclosed to beneficiaries who thereafter hold no objection to the act. The disclosure and
investor” means any investor which is a financial institution under the Commercial Banking Act, securities company, non-life insurance company, life insurance company, statutory company, mutual fund, private
investor” means any investor which is a financial institution under the Commercial Banking Act, securities company, non-life insurance company, life insurance company, statutory company, mutual fund, private