Office of the Securities and Exchange Commission, for the convenience of those not familiar with the written Thai language. Every effort has been made to convey the meaning and effect of each provision of

OFFICE OF THE SECURITIES AND EXCHANGE COMMISSION, FOR THE CONVENIENCE OF THOSE NOT FAMILIAR WITH THE WRITTEN THAI LANGUAGE. EVERY EFFORT HAS BEEN MADE TO CONVEY THE MEANING AND EFFECT OF EACH PROVISION OF

management • In managing a mutual fund, the AMC must proceed with honestly and care to preserve the interests of all unitholders, using knowledge and competence as a professional. • The AMC must have a policy

particulars which are material to the agreement. SECTION 134. In managing a private fund, the securities company shall provide a private fund manager with the approval of the Office in accordance with the rules

paragraph with intention, dishonesty or gross negligence. SECTION 31 In managing a trust, a trustee shall be prohibited to act in conflict of interest with the trust regardless of whether such act is done for

liability arising from failure to perform the duty under the first paragraph with intention, dishonesty or gross negligence. SECTION 31 In managing a trust, a trustee shall be prohibited to act in conflict of

trustee from liability arising from failure to perform the duty under the first paragraph with intention, dishonesty or gross negligence. SECTION 31 In managing a trust, a trustee shall be prohibited to act

this regard, there shall be at least two persons having experience in managing the company whose securities are listed on the Securities Exchange or the securities company. The Secretary-General shall

selection process in accordance with Section 31/7; in this regard, at least two of such experts shall have experience in managing a company whose securities are listed on the Securities Exchange or a

of business, engages in the business of managing funds for others, or holds himself out to the general public as being ready to manage funds for others, with the intention of investing in derivatives