borrowing and lending business" shall be prescribed as securities business under (7) of the definition of "securities business" in Section 4 of the Securities and Exchange Act B.E. 2535. Clause 2 Undertaking
assets; investment through affiliates of an IFF*. * including lending to subsidiaries. Types of investment Direct Investment in Infrastructure Assets Investment in
assets; investment through affiliates of an IFF*. * including lending to subsidiaries. Types of investment Direct Investment in Infrastructure Assets Investment in
Securities Inter-Dealer Broker Limited BDU Bond Dealer & Underwriter Licensed Dealing of Debt Securities Securities Borrowing & Lending Securities Financing Derivatives Broker
Company to Undertake Securities Finance Business B.E. 2539 (Repealed) 9 Application for License to Undertake Securities Borrowing and Lending Business B.E. 2543 (amended by No. 21) (Repealed) 15
○ Prescription of Venture Capital Management Business as Securities Business (VC) ○ Prescription of Inter - Dealer Brokerage as Securities Business (IDB) ○ Prescription of Securities Borrowing and Lending
Securities Investment Advisors о Derivatives Advisors • Securities Underwriter • Limited BDU • Bond Dealer & Underwriter • Securities Borrowing & Lending • Thailand Securities
limit is < 35% of the total asset value. In case of assets with credit ratings of investment grades, the limit is up to 60% of the total asset value. Borrowing policy must comply with the provisions
of an Infrastructure Fund (IFF) and Infra Trust. Regulatory Summary Structure of infra trust The major rules Investments in infrastructure assets A Trust for high net-worth investors vs retail
of an Infrastructure Fund (IFF) and Infra Trust. Regulatory Summary Structure of infra trust The major rules Investments in infrastructure assets A Trust for high net-worth investors vs retail