both Thailand and abroad temporarily disrupted several economic activities. The tourism sector substantially declined due to Thailand’s inbound travel restriction measures. Manufacturing productions were
not yet fully recovered due to the concern over 2nd wave of COVID-19 pandemic, international travel restriction in many countries and slowdown of economic recovery as well as business cutting down
companies and derivative business operators take full ownership of the written BCM policy and enforce strict implementation of the BCM plan. In case of outsourcing business functions to service providers, the
financial difficulty and unable to maintain adequate net capital as prescribed. The revised rules include rectification period, restriction of business operations during rectification period and undertakings
clients were affected by an outbreak of COVID-19, and hence postponed services of the Company due to strict preventive measures limiting access of external parties into the clients’ sites. Please be
be certified or registered and subject to inspection by relevant governmental agencies, strict supervision imposed on limited companies or public limited companies should not apply. This would allow
’ assets and strict supervision on asset separation. The private fund operators can self-custody for its assets under management without applying for the approval of being custodian. Such a move will
restriction in case where the asset management companies are unable to maintain adequate capital. As the asset management companies have been allowed to apply for undertaking of business as a trustee, the
prescribed. The proposal includes rectification period, restriction of business operations during rectification period and undertakings in case of failure to rectify. The proposed rules will provide more up-to
. Reviewed by taking into account comments and recommendations of the business operators received from the previous public hearing, the draft rules include rectification period, restriction of business