the Thai market. The plan gives special emphases on enhancement of market competitiveness, establishment of robust market infrastructure and development of risk management system. The SEC Board has laid

) เพิ่มให้กองทุนรวมอีทีเอฟ สามารถลงทุนโดยใช้กลยุทธ์การบริหารจัดการในลักษณะเชิงรุกได้ เพื่อมุ่งหวังผลตอบแทนที่สูงกว่า benchmark (active ETF)(2) ปรับปรุงแนวทางการพิจารณาของดัชนีอ้างอิงให้มีความชัดเจนและไม่

engages in investments without active involvement in management. This includes investments in securities, derivatives or digital assets at a collective total exceeding 40 percent of the total assets as per

(“foreign active ETF”) ที่กองทุนรวมฟีดเดอร์(feeder fund)1 หรือกองทุนรวมหน่วยลงทุน (fund of funds)2ꃂ㰀⼀猀甀瀀㸀䐀ᜎ∎䐎ᬎ┎܎ᜎ㠎ᤎ‎䈀ᐎ∎ᬎㄎࠎࠎ㠎ᨎㄎᤎᨎ⌎㐎⤎ㄎᜎࠎㄎᐎĎ㈎⌎Ďⴎ܎ᜎ㠎ᤎ⠎ᰀᨠ⌎㐎⤎ㄎᜎࠎㄎᐎĎ㈎⌎ᴎ⤠ ᔀ䤎ⴎ܎ᔎ㐎ᐎᔎ㈎ℎĎ㈎⌎Ў✎ᨎЎ㠎ℎⴎㄎᔎ⌎㈎⨎䠎✎ᤎᐎㄎ

on the upcoming or intricate financial reporting standards. Additionally, the SEC will continue to encourage listed companies to establish a more robust internal control system. In so doing, we will

second-cycle audit inspection with a more robust inspection plan, in response to current audit environment and the deficiencies found during the first cycle. The results, thus far, have shown significant

maintaining a robust and well-balanced financial reporting ecosystem. More efforts will be given to the development and quality improvement of all parties involved in the preparation of financial reporting. The

) and Syracuse University, USA, and a Master degree and a PhD in Finance from the Wharton School, University of Pennsylvania, USA. He has played an active role in Thailand’s economic development and held

IN ASIA: TAKING CORPORATE GOVERNANCE TO A HIGHER LEVEL © OECD 2011 3 Foreword Since 1999, the Asian Roundtable on Corporate Governance has brought together the most active and influential policy makers

relevant to the accounting profession will be revised to provide an effective supervisory mechanism for auditors in the capital market and a robust foundation will be built for the Thai capital market to