: • Audit manuals did not contain guidelines in assessing inherent risk, control risk and risk of material misstatements. • Audit manuals did not prescribe the criteria in selecting materiality base, as well
company (“AMC”) to easier receive unitholders’ resolution in revision or modification of mutual fund project or management procedure Amendments Details 2.1 Imposing fiduciary duty of AMC in mutual fund
documented to reflect the audit trail that would ensure that such procedures had actually been performed. Inappropriate timing and documents were used to test sales cut-offs, rendering this procedure
penalty to be imposed on the offender. Appeal Any person who is affected by, and disagrees with, an administrative order has the right to appeal such order. The appeal procedure is provided by the SEC
shall not affect the existing rights of the unitholders. (2) The mutual management company may allow the unitholders to switch their investment units from one class to another. The procedure for the
; 2) The debt instrument or claim shall not be included when calculating the fund's NAV. 15.2 Procedure for handling assets as debt repayment 1) Set-aside: the mutual fund management company shall
shall not affect the existing rights of the unitholders. (2) The mutual management company may allow the unitholders to switch their investment units from one class to another. The procedure for the
; 2) The debt instrument or claim shall not be included when calculating the fund's NAV. 15.2 Procedure for handling assets as debt repayment 1) Set-aside: the mutual fund management company shall
Thailand; (3) an international financial institution; (4) a juristic person established under a specific law; (5) a government agency and a State enterprise under the law on budgetary procedure; (6) the
Thailand; (3) an international financial institution; (4) a juristic person established under a specific law; (5) a government agency and a State enterprise under the law on budgetary procedure; (6) the