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 59 A trustee shall prepare financial statements of a trust segregating the property held in trust from that held in its own capacity, with consideration to the accounting standard as specified by
. 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
transfers or will transfer an asset to or places or will place an asset with a special juristic person for the purpose of securitization. “trust” means trust in accordance with law governing trust for
a special juristic person for the purpose of securitization. “trust” means trust in accordance with law governing trust for transaction in the capital market. “project” means a securitization project
for the purpose of securitization. “trust” means trust in accordance with law governing trust for transaction in the capital market. “project” means a securitization project. “SEC” means the Securities
S ecurities and Exchange Act B.E. 2535 (1992) as amended Derivatives Act B.E. 2546 (2003) as amended Provident Fund Act B.E 2530 (1987) as amended The Trust for Transactions in Capital Market
securities for a trust under the law on trust for transactions in the capital market in the categories of trust and securities as specified in the notification of the SEC, the SEC may specify that the
, crude oil, or any other property as specified in the notification of the SEC with the approval of the Cabinet, excluding currencies. “variable” means any exchange rate, interest rate, financial index
, crude oil, or any other property as specified in the notification of the SEC with the approval of the Cabinet, excluding currencies. “variable” means any exchange rate, interest rate, financial index