an agency supervising such financial institution or the Commission of the Organization for Reformation of Financial Institution System or has been ordered to rectify the damaged financial position by
agency supervising such financial institution or the Commission of the Organization for Reformation of Financial Institution System or has been ordered to rectify the damaged financial position by
financial institutions or maintaining stability of the financial institution system or for the purpose of other similar cases, the securities holder shall be exempt from filing the registration statement and
restoration plan or operation was not approved by an agency supervising such financial institution or the Commission of the Organization for Reformation of Financial Institution System or has been ordered to
such financial institution or the Commission of the Organization for Reformation of Financial Institution System or has been ordered to rectify the damaged financial position by decreasing capital and
fund to support ongoing business. Potential Factors and Impact 1. Supportive Factors 1.1 NPLs in the financial institution system are growing consistently along with the expansion of new loans. This will
debtors’ lower ability to repay debts which was consistent with the lower quality of credit in the financial institution system. The total amount of non-performing loans in Thailand increased from Baht
matters including inability to obtain certification from the company’s management regarding responsibility for the financial statement preparation, inability to audit operating system manual in petroleum
Securities and Exchange Commission. Clause 3. Applicant for an approval to be a custodian under Clause 4 must be a financial institution in any of the following categories : (1) Commercial bank under the law