be enforced. The SEC Office present the case to the Civil Sanction Committee (“CSC”). CSC determines which civil penalties shall be imposed. Does he pay monetary sanctions determined by CSC/ Court
: 1. I/We am/are under supervision of Home Regulator which has the authority to impose sanctions or to order the Qualifying CIS Operator to act or refrain from acting in case there is an action which
investigation.” SECTION 18 The name of Chapter 12: Penal Provisions of the Securities and Exchange Act B.E. 2535 shall be repealed and replaced with the following provision: “Chapter 12 Criminal Penalties
shall be in the form specified by the Minister. SECTION 66 In the execution of his duties under this Act, the competent official shall be an official under the Criminal Code. Chapter 8 Sanctions, Statute
specified by the Minister. SECTION 66 In the execution of his duties under this Act, the competent officer shall be an officer under the Penal Code. UNOFFICIAL 16 Chapter 8 Sanctions, Statute of Limitation
duties and liabilities on “shadow” board members as a way to discourage their existence. Sanctions for violations of directors‟ duties should be sufficiently severe and likely to deter wrongdoing
of Clause 5(1), the foreign collective investment scheme shall: (1) be managed by a CIS operator who: (a) is under supervision of home regulator which has the authority to impose sanctions or to order
(issued by CIS Operator) [ ] 6. A document demonstrating that the investment policy and product restrictions of NRI CIS are in accordance with those specified by the Notification of the SEC Thailand
(issued by CIS Operator) [ ] 6. A document demonstrating that the investment policy and product restrictions of NRI CIS are in accordance with those specified by the Notification of the SEC Thailand related