, the accounting figures supported more accurate profit and cash flow forecasts as well as more useful for predicting positive future stock returns.  In case of China, the study found no relationship

is to ensure transparency and commitment to the protection of clients? best interest.  The SEC expects the Code to attract cooperation from investment management companies, first of all, in the form of

undertaking as well as to protect investors? best interest.?The four key areas are:?1. Provisions on Stock Exchange: The proposed revisions include (1) granting the power to approve the rules on securities

solicitor to ensure proper legal protection, regardless of how tempting the offer seems. List of licensees is available at the SEC?s website (www.sec.or.th) while list of those not licensed by the SEC can be

issuers while maintaining an appropriate level of investor protection. The key aspects of the proposed amendments are as follows: (1) Approval Criteria: Issuers are required to obtain an issuer rating and

facilitate fundraising activities by providing appropriate regulatory flexibility, while continuing to uphold investor protection principles.Accordingly, the SEC is inviting public comments on the proposed

(Translation) NEP-AC 001/2562 28 February 2019 Subject : Management Discussion and Analysis for year ended 31 December 2018 To : The President The Stock Exchange of Thailand Operating Result NEP

(Translation) UAC.CS/010/2019 May 10, 2019 Subject: Explanation of the operating results for the first quarter period ended March 31, 2019 To: President The Stock Exchange of Thailand Attachment

for equity crowdfunding. Furthermore, in the case of ICOs, imposing the aggregate limit would not be an effective investor protection mechanism. This is because it would be very difficult to enforce and

procured for protection of the trading and clearing systems; (4) assets contributed by the parent company to the derivatives clearing house in the form of a written and legally enforceable commitment