operational system will be prompt for operating securities business in the category of private fund management; (6) be able to show that its human resource will be prompt and adequate with a view to
application filed under Clause 4 together with complete and correct supplementary documents, the SEC shall recommend the Minister to issue securities business license within thirty days from the date of
business; (4.2) Impossible to exchange currency freely cause of interruptions in fund transfers to and from overseas ; (4.3) An event that prevents the mutual fund from receiving payments from the
business; (4.2) Impossible to exchange currency freely cause of interruptions in fund transfers to and from overseas ; (4.3) An event that prevents the mutual fund from receiving payments from the
the Securities and Exchange Act B.E. 2535; (b) net profit or not loss from operation during three consecutive years prior to the year of filing the application; (c) any step taken by the
Notification as published in the Government Gazette. Clause 3 The SEC shall recommend Minister to grant his approval on establishment of limited company or public limited company within ninety days from the date
person with proportion or characteristics as specified by the SEC; (2) have honest executives as apparent from working records, who are capable and have experiences beneficial to business operation; (3
--------------------------------------------------------------------- This English version is prepared by Legal Department with the sole purpose of facilitating the comprehension of foreign participants in the SEC’s rules and regulations and shall not in any event be
with dishonest intent; (5) was convicted or fined on any count of offenses as specified in (2) or (3); (6) was fired, discharged, or given a notice to resign from the position as a result of dishonest
-------------------------------------------------------------------- This English version is prepared by Legal Department with the sole purpose of facilitating the comprehension of foreign participants in the SEC’s rules and regulations and shall not in any event be