asset business operators with the same major shareholders;           (2) Requiring the digital asset custodial wallet providers under (1) to comply with the independence rules as specified by the SEC

directors? independence; 2) CSR in process: operating normal course of business with social and environmental responsibility while balancing stakeholder needs; 3) Anti-corruption in practice: being a role

recommendations: ? Improving State Owned Enterprises (SOE) governance and making the state a more effective owner? Protecting the independence and effectiveness of the Thai Securities and Exchange Commission (SEC

recommendations:??Improving State Owned Enterprises (SOE) governance and making the state a more effective owner??Protecting the independence and effectiveness of the Thai Securities and Exchange Commission (SEC

ratio) 7 : 1 6 : 1 * ) 12 5. KPMG 2564 Big 4 Independence testing 6. KPMG 2564 Big 4 1 13 7. KPMG 2564* Big 4 (Listed company /partner) 22 2.84 * / portfolio allocation 2 108 / KPMG 2564 54

(staff/ partner ratio) 19 : 1 25 : 1 (staff/ manager ratio) 3 : 1 6 : 1 * ) 11 5. EY 2563 - 2564 Big 4 Independence testing 6. EY 2563 Big 4 1 12 7. EY 2563* Big 4 (Listed company /partner) 3.983 2.84

- AQIs 4. * 2565 Non-Big 4 Local firms International firms (staff/ partner ratio) 9 : 1 9 : 1 12 : 1 (staff/ manager ratio) 7 : 1 8 : 1 6 : 1 * ) - 11 - 5. 2565 Non-Big 4 Independence testing 6. 2565 Non

be a qualified person with independence, objectivity and required competency;  (3) Update the requirements per current standards and guidelines to be in alignment with international standards and other

support securities regulators to tackle new challenges and risks. The second FSAP included the assessment of the SEC’s roles and responsibilities regarding transparency, independence, rulemaking procedures

more transparent and reliable.?The SEC has been a member of IFIAR since September 2010. To be accepted as an IFIAR member, an audit oversight authority must demonstrate its independence from audit