. The SEC Office shall publish the names of the trustees approved to undertake trust business. SECTION 56 Where it is necessary to maintain integrity or trustworthiness of the system of trust business
trustees approved to undertake trust business. SECTION 56 Where it is necessary to maintain integrity or trustworthiness of the system of trust business, the SEC shall have the power to specify conditions
prohibited characteristics: (1) having deficiency in legal competency, being subject to legal action under the law governing supervision of capital market, or lacking trustworthiness as specified as prohibited
statement indicating that the trustee agrees to hold the trust properties be transferred by the settlor because of trustworthiness of the trustee to manage such properties for the benefit of the beneficiaries
including units of real estate investment trust and units of infrastructure trust. Explanatory text o The coverage of products in item 3.2.1(1) will be limited to specific securities which do not have complex
prohibited characteristics: (1) having deficiency in legal competency, being subject to legal action under the law governing supervision of capital market, or lacking trustworthiness as specified as prohibited
: Administrative Procedure under the Derivatives Act B.E. 2546 and the Trust for Transactions in the Capital Market B.E. 2550 (As Amended) By virtue of the Section 9(1), Section 121, Section 122 and Section 124 of
-Year National Strategy. For the capital market to advance as such, financial reporting system is an essential tool as it helps to establish trust in the entities and the market itself. Good quality and
information could stimulate trust and confidence in the capital markets, which would in turn sustain long-term economic growth in Thailand. Striving to achieve such quality, it is necessary that all parties
governing supervision of capital market, or lacking trustworthiness as specified as prohibited characteristic in Group 1 under Clause 29; (2) having a record of legally proceeding against or being punished