by No. 16 No. 18) (Repealed) 3 Application for Separation of Finance and Securities Businesses (amended by No. 12 and No. 19) 5 Application for Additional Securities Business License B.E. 2539
separation of the role of chairman and CEO in order to ensure an appropriate balance of power between the board of directors and the management. UPDATE: The SEC has issued the Notification of the Capital
. Regulatory Summary Main Duties of a Trustee Ensure that the trust deed is executed in compliance with the laws Appoint a trust manager Prepare a trust property account in separation from any other accounts
registered capital on the date on which the Securities and Exchange Act B.E. 2535 comes into force; (4) be the securities company established upon the separation of finance and securities businesses of the
) be the securities company established upon the separation of finance and securities businesses of the securities company with disqualified characteristics under sub-clause (3); (5) have financial
. Competitive businesses Clear separation of target group of customers or markets; There are other groups of shareholders that can counterbalance; Major shareholders have more interests in the listed company