applicable to mutual fund management company, but AIA Company Limited failed to comply with the provisions being applicable to mutual fund management company in case of redemption payment process when the

period of panic redemption, especially crisis communication plan. SEC Act S.117 Settlement Committee Meeting No. 3/2022 Settlement Committee Order No. 54/2022 Dated 28/03/2022

of panic redemption, especially crisis communication plan which violated section 117 of the Securities and Exchange Act B.E. 2535 amended by the Securities and Exchange Act (No. 4) B.E. 2551. SEC

Phillip Asset Management Company Limited Phillip Asset Management Company Limited had duties to prepare and submit the Daily Subscription and Redemption Report of Mutual Fund (“Form A-2”) to the SEC

management company in case of redemption payment process when the insured has died by redeem investment units exceed than the time period specified in the scheme. The amount of fines does not include daily