securities company with disqualified characteristics under sub-clause (3); (5) have financial condition or result of operation which the SEC may consider that the securities company severely suffers loss, the
person with proportion or characteristics as specified by the SEC; (2) have honest executives as apparent from working records, who are capable and have experiences beneficial to business operation; (3
, who are capable and have experiences beneficial to business operation; (3) have measure to control and manage risks associated with business operation; (4) have effective measure on internal control
condition or result of operation which the SEC may consider that the securities company severely suffers loss, the consideration on which shall take the following factors into account; (a) difference of
three years preceding the year of filing application toward the date of obtaining the license, not have criminal records indicating commission of offense under the law controlling business operation of
toward the date of obtaining the license, not have criminal records indicating commission of offense under the law controlling business operation of such person or any other law relating to financial
operation in accordance with criteria, conditions and procedures as specified in the SEC’s Notification. Clause 7 Fees shall be prescribed as follows: (1) Application fee Baht 10,000 (2) Venture capital
applicant’s financial condition, business operation, assets or any relevant data. Clause 9 In case where the SEC is of the view that the applicant under Clause 7 has qualifications as specified in this
date of obtaining the license, not have criminal records indicating commission of offense under the law controlling business operation of such person or any other law relating to financial business, both
as specified in this Ministerial Regulation throughout the license period and shall undertake business operation in accordance with criteria, conditions and procedures as specified in the SEC’s