of the Office of the Securities and Exchange Commission No. SorThor. 49/2549 Re: Rules on Exemption from Appointment of Independent Director of Securities Companies -------------------------------- By
and Exchange Commission Independent Audit Inspection Activities Report Independent Audit Inspection Activities Report for the 1st Cycle 1 October 2010 - 31 December 2012 Introduction Quality Assurance
market by increasing the number of auditors in the capital market and enhance the audit personnel?s capability in response to changes of professional standards and more complex transactions. Under this
then posted on their websites. Most directors are non-executive, and typically at least one third are considered independent of management and major shareholders. Most boards also have separate chairs
) and Economics), Georgetown University, Washington D.C., U.S.A Current Appointments Member of Financial Institutions Policy Committee, Bank of Thailand Independent Director and Member of the
) and Economics), Georgetown University, Washington D.C., U.S.A Current Appointments Member of Financial Institutions Policy Committee, Bank of Thailand Independent Director and Member of the
, both the Board of Directors and the Audit Committee view that such transaction is reasonable and beneficial to the company. However, the independent financial advisor is of the opinion that the
Supervision of Business and Market Intermediaries , Sales Conduct and Provision of Investment Advice Experiences Independent Director, Audit Committee Member, and Corporate Governance Committee Member
, transparent and fully explained. Supervisory, regulatory and enforcement responsibilities should be vested with bodies that are operationally independent and accountable in the exercise of their functions and
333/3 Viphavadi Rangsit Road, Chomphon, Chatuchak, Bangkok 10900, Thailand Tel: +66 1207 or +66 2695 9999 Fax: +66 2695 9660 e-mail: info@sec.or.th BU I L D ING BR IDGES INDEPENDENT AUDIT INSPECTION