development of innovations and financial technologies, as well as to promote the competitiveness and growth of the Thai capital market. In this regard, the enactment of this Act complies with the conditions
the Cabinet’s resolution upon recommendation of the SEC, as advised by the SEC, due to gross https://www.sec.or.th/TH/Documents/ActandRoyalEnactment/Act/translate-secact.doc (Translation) trust property
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
/ActandRoyalEnactment/Act/act-sea1999-no2.pdf (Translation) of qualifications or possession of prohibited characteristics under Section 21; (5) 4 termination by the Cabinet’s resolution upon recommendation of the SEC, as
) resignation; (3) reaching the age of seventy years; (4) having the prohibited characteristics as provided in Section 9; (5) termination by the Cabinet resolution upon the recommendation of the Minister in cases
resolution upon recommendation of the Minister in cases of the Chairman or by the Minister’s order upon recommendation of the SEC which has passed a resolution with at least two-thirds of all commissioners in
characteristics as provided in Section 9; (5) termination by the Cabinet’s resolution upon recommendation of the Minister in cases of the Chairman or by the Minister’s order upon recommendation of the SEC which has
after the date when the resolution of such amendments is passed and the amendments shall not come into force until the registrar has effected the registration thereof. Section 10.43 At each payment of
amendments to the fund’s articles within fifteen days after the date when the resolution of such amendments is passed and the amendments shall not come into force until the registrar has effected the
have been sold have passed a resolution to dissolve the special purpose juristic person and such resolution has been approved by the Office of the SEC; (4) an event specified in the project occurs; (5