market, economics or finance and banking.” SECTION 7 The provision under (3) of Section 22 of the Securities and Exchange Act B.E. 2535 shall be repealed. SECTION 8 The second paragraph of Section 22/1 of
of the SEC’ s operation 1 2 3 4 5 6 1. Supervision of Securities Business 3/10 • For flexibility of securities business supervision and supporting Financial Technology • To promote development 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
date; (1/2) 6 having knowledge, capabilities and expertise on capital market, economics or finance and banking; (2) not being or having been a bankrupt; (3) not being a political official, an appointed
capital market, economics or finance and banking; (2) not being or having been a bankrupt; (3) not being a political official, an appointed member of a district council or district administration, or a
undertake trust business shall be: (1) a commercial bank under the Commercial Banking Act; (2) a financial institution established under specific law; (3) any juristic person as specified in the notification
. SECTION 55 A person eligible to apply for an approval to undertake trust business shall be: (1) a commercial bank under the Commercial Banking Act; (2) a financial institution established under specific law
the Commercial Banking Act; (2) a financial institution established under specific law; (3) any juristic person as specified in the notification of the SEC. UNOFFICIAL 13 The person applying for the
Decree. Section 4. The Minister of Finance shall be responsible for the execution of this Emergency decree. Chapter 1 General Section 5. The SEC shall have the following powers and duties under this