integrity, fairness, accountability and orderliness in trading of listed securities, taking into consideration benefits of the capital market and investor protection. • The SET must comply with rules for
director, an executive or a related person may enter into any transaction with the company or the subsidiary only after obtaining approval from the shareholders’ meeting, unless such transaction is
rules, regulations, notifications, orders, or directions under this Act; (2) the determination of fees for application for an approval, application for obtaining a license, a license, or for operating the
, application for obtaining a license, a license, or for operating the business as licensed; indicated amendment by the Securities and Exchange Act (No. 5) B.E. 2559 7 (3) the issuance of rules relating to the
with the Administrative Court of First Instance. Division 2 Criminal Sanction ____________________ SECTION 77 Any person undertaking business in a manner similar to trust business without obtaining
SECTION 77 Any person undertaking business in a manner similar to trust business without obtaining approval under Section 54 shall be liable to imprisonment for a term not exceeding ten years or a fine not
business without obtaining approval under Section 54 shall be liable to imprisonment for a term not exceeding ten years or a fine not exceeding one million baht or both and a further fine not exceeding ten
investor protection, the SEC may prescribe that the license holder who undertakes business in a specified manner be exempted from undertaking or undertake in a different manner from the provisions under
SEC may grant a waiver of compliance to a company established by and subject to a foreign law whereby measures for investor protection are prescribed in a similar manner to the measures prescribed in
investor” means any investor which is a financial institution under the Commercial Banking Act, securities company, non-life insurance company, life insurance company, statutory company, mutual fund, private