Persons which may be permitted by TSD to be depositors are as follows:
the Bank of Thailand
securities companies
financial institutions under the law governing financial institution businesses
life or non-life insurers under the law governing life or non-life insurance
juristic persons operating a business as a mutual fund trustee, representative of debenture holders, custodian of securities, and issuer of depository receipts
juristic persons operating a business as a depository center, both domestically and/or internationally
juristic persons operating a business as a clearing house, both domestically and/or internationally
juristic persons operating a business as a bank established under a foreign law and having no branch office or representative in Thailand
juristic persons issuing securities or juristic persons issuing underlying securities of other securities and keeping in custody the securities they issued and the underlying securities
juristic persons having an agreement to execute the following acts:
(10.1) sell, distribute, dispose, transfer or exchange securities to a buyer or transferee related to the aforementioned juristic person as its staff member, employee, securities holder or other persons with similar characteristics, and such juristic person is assigned to be a custodian of the securities of the buyer or the transferee under any one of the conditions which TSD deems appropriate that services provided by TSD shall be used; and
(10.2) provide loan to the buyer or the transferee for the purpose of buying or taking the transfer of securities under (10.1);
juristic persons established by a specific law
other juristic persons as prescribed by TSD.
Members’s duties
Duties of Depositor can be summarized as follows;
Comply with the regulations, and to cause its customer to acknowledge and consent to comply with the relevant rules;
To render cooperation in the performance of duties designated by TSD;
To check the accuracy of the information in the report delivered by TSD;
To submit any information as requested by TSD;
To allow TSD or its designated persons to conduct inspection of the depositor, including its computer system and computer hardware;
Pay fees, fines, or other expenses as prescribed by TSD;
To consent to TSD’s disclosure of information of the depositors or their customers to the SEC, the Bank of Thailand, SET, TFEX, and TCH;
In the case that TSD has disclosed information of the depositors or their customers to the government or other agencies, it shall be deemed that the depositors have performed their disclosure duty.
