intermediary demonstrates that it has readiness of personnel, and has already prepared at least the following operating systems: (1) a security system to protect clients’ information, particularly trading
providing service, internal control system and risk management system for the securities borrowing and lending business, which exhibits that the business operator is ready and capable to comply with the rules
, which demonstrates the period of time and the reason for investment of the intermediary in the category of mutual fund management and the subsidiary companies, shall be prepared and submitted in
) having a clear action plan which demonstrates determination for providing services of trading investment units in the long run; (6) having sufficient readiness for providing services and ensuring that
evidentiary documentation that demonstrates facts representing such reasonable ground for entering into such transaction and an opinion on the appropriateness for every such transaction, and maintain the
operating systems have been prepared for the branch office: (a) internal control system that shows intercommunication between the branch office and the head office; (b) operating system to prevent the use of
laundering offence under the Thai or foreign laws; (13) the client shows unusual curiosity by making inquiries on internal policies and procedures concerning reporting of suspicious transactions, which would
intermediary shall submit an application for approval from the SEC Office on a case-by-case basis. In this regard, the SEC Office shall grant an approval only when the intermediary demonstrates that it has
licensed to undertake securities business in the category of mutual fund management or private fund management which shows interest in subscribing for securities. Clause 14. Securities underwriter is