Regulations Determination of Untrustworthy Characteristics of Company Directors and Executives - Rules Summary - RelatedRules and Regulations Qualifications of an independent director
executive's qualification on the individual's request) (Form 35-E3) Letter to Notify Untrustworthy Characteristics of Director and Executive as Prescribed in Notification No. Kor Jor 3/2560 (Form 57-E1
. Reformation and Legal Framework Extent of director liability index Thai law protects the right of minority investors to bring an action against any director who acts or omits to act in any way that constitutes
can demonstrate that it can perform such duties; The structure of board of directors have sufficient checks and balances; Directors/ executives/ controlling persons must not have untrustworthy
) The Notification of the Securities and Exchange Commission No. KorJor 3/2560 Re: Determination of Untrustworthy Characteristics of Company Directors and Executives The Notification of the Capital Market
persons must not have untrustworthy characteristics pursuant to the specified criteria. 1.2 Having other qualifications, such as not having prohibited characteristics, not being involved in illegal
the untrustworthy characteristics. 4. In case of foreign companies, 4.1 Offering of the bonds is legally made under the foreign laws and regulations. 4.2 Representative is appointed in Thailand
directors and executives shall be listed on the database of directors and executives of the securities issuing companies. 4. The controlling persons shall not have any of the untrustworthy characteristics. 5