the three pronged strategy of geographical diversification, vertical integration and product differentiation. This strategy provides stronger visibility of operating cash flows enabling value accretive
identifier. The CRA should also disclose how this differentiation functions. 3.8 A CRA should be transparent with investors, rated entities, obligors, originators, underwriters, and arrangers about how the
) or giving advice on securities trading and shall put in place a good internal control system for custody of clients’ assets . At least, there shall be a separation of personnel responsible for
) or giving advice on securities trading and shall put in place a good internal control system for custody of clients’ assets. At least, there shall be a separation of personnel responsible for preparing
finance products from credit ratings of other types of entities or obligations, preferably through a different credit rating identifier. The CRA should also disclose how this differentiation functions. 3.8
payment and capital refund to the unitholders; 2. the fees or expenses to be charged to the unitholders; 3. other differentiation that is practical and regardful of the benefit of all unitholders including
, internal audit unit, compliance unit, risk management unit, to reflect the order of commands, support, inspection, independence and separation of duties between the Board of Directors and the management. 7.2
unit, compliance unit, risk management unit, to reflect the order of commands, support, inspection, independence and separation of duties between the Board of Directors and the management. 7.2
Translation (Translation) PAGE (Translation) -45- Readers should be aware that only the original Thai text has legal force and that this English translation is strictly for reference. The SEC, Thailand cannot undertake any responsibility for its accuracy, nor be held liable for any loss or damages arising from or related to its use. Notification of the Office of the Securities and Exchange Commission No. SorThor/Nor. 26/2549 Re: Forms of Financial Statement of a Securities Company ___________ By...