, the SEC implements the procedures for increasing the quality of their work on a continuing basis. This includes regular inspection of audit firms’ quality control system and random inspection of
through the training sessions, seminars, and issuances of practical guidance to relevant stakeholders, the SEC emphasized the meetings with audit firms in the capital market together with regular exchanges
whether the nature of the estimate or assumption is material because of the subjectivity and judgment required to account for highly uncertain matters, as well as whether the estimate or assumption will
election, which is expected to take place early of 2019. Thai Banking Industry Although the commercial banking system in Thailand is facing challenges from an uncertain economic environment, its lending and
monitoring given that general elections are expected to take place in early 2019. Thai Banking Industry The commercial banking system in Thailand continues to face challenges from an uncertain economic
Thailand. The Bank of Thailand revised down the projection of overall economy for 2020 to contract 7.8% (as of September 2020) from the earlier forecast of 8.1%. But the fragile labor market, uncertain
continued to contract, especially investments in machinery and capital goods. The delays in business investment were attributable to weak demand and concerns over the uncertain economic outlook in the period
review function made up of one or more senior managers responsible for conducting a rigorous, formal, and periodic review, on a regular basis pursuant to an established t credit rating methodologies
level of capital and the regular setting aside of additional provisions, commercial banks can maintain an adequate cushion for NPL in the banking system. V3 12/05/63 3 Adoption of the pack of Thai
regular salary, political official, member of the House of Representatives or member of the Senate and shall not be a person having material interest or stakes in performing duties in accordance with the