market and a lead appraiser obtaining an approval from the SEC. The Institute of Appraisal Profession under the first paragraph shall be recognized by the SEC as an appropriate organization for supervising
Association Associations related to securities businesses Summary of major provisions in supervising the related associations The SEC has the power to make an order for the directors or members to clarify
entities in the capital market, and is one of the most crucial factors to enhance investor confidence in the Thai capital market. Thus, the SEC has always put its best effort to supervise and improve quality
mission to develop and supervise the Thai capital market to ensure efficiency, fairness, transparency, and integrity. The SEC also oversees regulatory compliance and enforces the governing laws to ensure
supervise financial business or has been barred from serving as executive or being major shareholder of regulated legal entity; (12) has been revoked the business undertaking by the Thai or foreign
Qualification of CFO and Chief Accountant The person assigned to the highest responsibility in Accounting and Finance (“CFO") and the person assigned to the direct responsibility of supervising
not becoming an empty box (without business operations). The intermediaries are required to regularly supervise the service providers to ensure efficiency of the performance (except for group 2
prohibited characteristics or prohibited behaviors as prescribed by the SEC. Audit Firm Qualifications having audit quality control system which is sufficient and reliable for supervising its
characteristics or prohibited behaviors as prescribed by the SEC. Audit Firm Qualifications having audit quality control system which is sufficient and reliable for supervising its auditor's work in compliance