roles and duties of Chairman and Secretary-General are clearly segregated. The Board comprises: - Chairman appointed by the Cabinet upon the Minister of Finance’s recommendation; - Ex-officio members

members appointed by the Minister of Finance upon the Selection Committee’s recommendation. At least two of the expert members must have experiences managing listed company or securities company. The expert

. ë As a member and the Secretary of the Board, the SEC Secretary-General is appointed by the Cabinet upon the recommendation of the Minister of Finance and shall hold office for a term of four years

in all respects under Clause 11, within ninety days from the date on which the SEC Office receives the complete application and supplementary documents, the SEC shall give recommendation to the

เล ็กทรอนิกส์ (“สพธอ.”) (www.etda.or.th) ข้อเสนอแนะมาตรฐานฯ (ETDA Recommendation/ ขมธอ. 18-2566 ขมธอ. 19-2566 และ ขมธอ. 20-2566 เวอร์ชัน 3.0) www.sec.or.th โทร. : 0-2033-9999 แฟกซ์ : 0-2033-9660

advice, to enhance confidence and protect interest of investors. The recommendation is in line with the United States’s  Sarbanes-Oxley Act 2002 (Section 201) . ​ ​ ​

SEC relies on the Check and Balance System whereby the Audit Committee and the Internal Audit Department are responsible for reviewing and giving recommendation to the SEC Board on the matters related

based thereon. This report is for information purposes only and it does not constitutes, or is intended to constitute a policy recommendation or stance by SEC Thailand. Contents o Background o Review of

advice, to enhance confidence and protect interest of investors. The recommendation is in line with the United States’s  Sarbanes-Oxley Act 2002 (Section 201) . ​ ​ ​

SEC relies on the Check and Balance System whereby the Audit Committee and the Internal Audit Department are responsible for reviewing and giving recommendation to the SEC Board on the matters related