baht. Clause 12. In the case where it appears that the custodian violates or does not comply with the prescriptions under Clause 8 to Clause 11, the Office shall proceed as follows: (1) Put on probation
management record as follows: (a) for the period of one year prior to the date the securities company submits the application, no investor contact working for the securities company being imposed a probation
period of one year prior to the date the derivatives broker submits the application, no investor contact working for the derivatives broker being imposed a probation or higher more than three cases, unless
imprisonment or discharged of the probation for less than 3 years. In this regard, the aforementioned action has been proceeded only for the offences under the Securities and Exchange Act. 2535 (1992) , the
following actions; (1) Warning; (2) Probation; (3) Suspension from duty performance as a mutual fund manager for a period of time the Office deems appropriate; (4) Revocation of approval. Clause 12. If any
or discharged of the probation for less than 3 years: (a) the offences under section 289 in conjunction with section 90 (specifically those having characteristics within the scope of public fraud) or
Office may proceed to impose sanctions as follows: (1) Probation; (2) Suspension of operation for a specified period or according to specified conditions; (3) Revocation of approval. In case where the
administrative sanctions are as follows: (1) probation; (2) administrative fine; (3) public reprimand; (4) restriction to operate trust business; (5) suspension of trust business operation for a specified period
DRAFT (Translation) DERIVATIVES ACT B.E. 2546 (2003) ( (As Amended) BHUMIBOL ADULYADEJ, REX., Given on the 3rd Day of July B.E. 2546; Being the 58th Year of the Present Reign. His Majesty King Bhumibol Adulyadej is graciously pleased to proclaim that: Whereas it is expedient to enact a law governing derivatives transactions; Whereas this Act contains certain provisions relating to the restriction of rights and liberties of persons, which Section 29, in conjunction with Section 35, Section 36, Se...
(Translation) PAGE 112 (Translation) Securities and Exchange Act B.E. 2535 (As Amended) _________________ BHUMIBOL ADULYADEJ, REX., Given on the 12th day of March B.E. 2535; Being the 47th Year of the Present Reign. His Majesty King Bhumibol Adulyadej is graciously pleased to proclaim that: Whereas it is expedient to enact a law on the securities and exchange; Be it, therefore, enacted by His Majesty the King, by and with the advice and consent of the National Legislative Assembly functioning as...