2015 was published in the Government Gazette on 25 June 2015. 8 Diagram showing infrastructure funds’ risk levels and a summary of important risk factors Low risks/complexity High risks/complexity Money

Institutional Investors, Major Investors or High Net Worth Investors, or Services related to Securities Having High Risks or Complexity dated 15 February 2013; (36) The Notification of the Capital Market

information Symbols or statements shall be specified at the top of the first page of the factsheet in the following cases: 17.1 In case of a mutual fund with high risks or complexity in accordance with the

at the top of the first page of the factsheet in the following cases: 17.1 In case of a mutual fund with high risks or complexity in accordance with the Notification Re: Rules in Detail on

case of a mutual fund for investors that is a provident fund: “For provident funds” shall be specified. 18.3 In case of a mutual fund with high risks or complexity in accordance with the Notification Re

allocation to each partner, ensuring that the auditor will have necessary timing resource to engage in the audit, especially the engagement with substantial risk and high complexity more than just the sizable

enforced by banks, brokers, etc. • Governance by code, not by people – Nobody to hold accountable – Code is not always well-written – Velocity of transactions is very high, e.g., “flash loans” • Reliance on

นักงาน ก.ล.ต. Millisecond: (1/1,000) of a second Algorithmic Trading (AT) High Frequency Trading (HFT) Regulatory Framework Landscape ที่เปลี่ยนไปน ามาซึ่งความท้าทายในการก ากับดูแล 20 Complexity of trading

ensure the high quality of financial statements. Executives set tone at the top in a company, and are responsible for the accuracy of financial statements. Other factors such as changes in accounting

complexity. Insufficient audit fees mean inadequate resources, which inevitably leads to long and strenuous work hours at all levels of the audit personnel. This eventually results in high turnover of audit