INDEPENDENT AUDIT INSPECTION ACTIVITIES REPORT 2020 SECURITIES AND EXCHANGE COMMISSION, THAILAND Contents Executive Summary 01 04 08 15 28 58 62 70 47 Quality Assurance Review Panel Activities for Enhancing Financial Reporting Quality Summary of Audit Inspection Results A. Firm-Level B. Engagement-Level Root Cause Analysis Framework and Focuses in 2021 Essential Statistics Auditing Landscape in Thailand Executive Summary Over the past year, the Thai capital market experienced tremendous volatili...
issue Sustainability-Linked Bonds (SLB) where the financial structure of each bond is tied to the achievement of one or both Sustainability Performance Targets (SPTs) for the selected Key Performance
priorities to promote sustainable development and support achievement of their SDG commitments. How the Standards are organized The Standards The objective of the Standards is to define the requirements for
Deposit Baa1 Baa1 Baa1 Short-term Deposit P-2 P-2 P-2 Senior Unsecured Debt Instrument Baa1 Baa1 Baa1 Subordinated Debt Instrument Baa3 Baa3 Baa3 Financial Strength (BCA) baa2 baa2 baa2 Outlook Stable
Consolidation Project of PEA (ITiDC) and the New Network SDN Project of Government Savings Bank, which those are still in process but have not yet completed according to the achievement stage. Advance payment for
for Agriculture and Agricultural Cooperatives, which those are still in process but not yet complete according to the achievement stage, therefore those projects cannot be delivered. In additional, the
for Agriculture and Agricultural Cooperatives, which those are still in process but not yet complete according to the achievement stage, therefore those projects cannot be delivered. In additional, the
are still in process but have not yet completed according to the achievement stage, therefore those projects cannot be delivered. In additional, the ongoing outbreak of COVID–19 had hindered operations
still intense competition together with exchange rate fluctuations causing the sales of this product of the company to decrease. However, the company expects that with the strength of sale channel and
Baa3 Outlook Stable Stable Stable Financial strength (BCA) baa2 baa2 baa2 Financial strength outlook Stable Stable Stable Standard & Poor’s Long term - Debt instruments BBB+ BBB+ BBB+ - Deposits BBB+ BBB