transparent allocation procedure where the business operator is acting for several lenders who are ready to lend the same securities at the same time. Clause 8. In the case where the business operator is the
Company is affirmed that the transaction is transparent, fair and beneficial to the Company and its Group. The Board of Directors, therefore, approved the transaction and shall disclose the details on this
over appropriate time-horizons, and should be transparently communicated to beneficiaries or clients. 1.6 Transparency and accountability Institutional investors should be transparent and open with their
continually carried on. This includes, for example, preventive measures against siphoning by requiring transparent disclosure of information when applying for a resolution from the shareholdersû meeting to
Director Nomination Best Practices will be of benefit to the Board of Directors of listed companies to determine a board nomination process that is effective and transparent. The Thai IOD would like to thank
Report on the Observance of Standards and Codes (ROSC) CORPORATE GOVERNANCE COUNTRY ASSESSMENT Thailand JANUARY 2013 Report on the Observance of Standards and Codes (ROSC) CORPORATE GOVERNANCE COUNTRY ASSESSMENT Thailand January 2013 Acknowledgements This assessment of corporate governance in Thailand has been prepared by David Robinett, Ratchada Anantavrasilpa, and Catherine Hickey of the World Bank Global Capital Markets Practice, as part of the Reports on Observance of Standards and Codes Pro...
not be considered as an appointment of an agent to undertake custody of clients’ assets . Clause 9 A securities company shall not engage in any act which results in creating, altering, transferring
clients’ assets. Clause 9 A securities company shall not engage in any act which results in creating, altering, transferring, reserving or terminating a client’s rights over assets, without or not complying
proactively review the risk management approach and policies annually or with any significant business change; g) ensure a formal, fair and transparent process for nomination, election and evaluation of