term, more stringent rules and regulations have been implemented. In response to regulatory changes and introduction of climate change risk management guidelines, businesses must bear increased costs in

area ; 2.) CentralPlaza Lardprao, which will see the introduction of new destination concepts as well as integrate the mall entrance area with the future sky train station and 3.) Central Festival

occupied by Central Department Store, now re-opened in the Floresta section, re- developed into leasable area; 4.) CentralPlaza Lardprao, which will see the introduction of new destination concepts as well

AGENCIES INTRODUCTION In 1 The IOSCO CRA Principles were designed to be a useful tool for securities regulators, credit rating operate and the manner in which opinions of CRAs should be used by market

are under decorating and continue to open; 4.) CentralPlaza Lardprao, which has been renovated under the introduction of new destination concepts as well as integrate the mall entrance area with the

advisory service efficiency. We strive to improve and offer products that are suited to customer needs under ever-changing circumstances. A noteworthy development was the introduction of electronic payment

stakeholders, as well as joining a seminar in Thailand Corporate Sustainability Symposium arranged by C ASEAN, and Green Bonds Introduction: Green Bonds for Green Buildings and other promising sectors arranged

to continuous customer base expansion according to the Company’s strategy and introduction of B20 diesel in Bangchak service stations, to promote the adoption of high quality fuel, to help reduce

; the introduction of the Regulatory Sandbox; the granting of permission for commercial banks to appoint banking agents to increase their service channels; the development of loan data for SMEs to enable

ORGANIZATION OF SECURITIES COMMISSIONS REVISED MARCH 2015 A-2 CODE OF CONDUCT FUNDAMENTALS FOR CREDIT RATING AGENCIES INTRODUCTION In 1 The IOSCO CRA Principles were designed to be a useful tool for securities