sustainable growth as well as their ability to perform the duties of public independent director.To meet the objectives above, the SEC Board has drafted rules and procedures for the selection of the SET

responsible investment management company may request a written clarification from the invested company or a meeting with its independent director or audit committee. If no action is taken thereafter, the

further ensure that management of investment money would be for the best interest of investors by introducing an oversight mechanism, either for independent body or person, to undertake the supervisory role

. In the case of Surasak, the evidence presented a ground to believe that he had known of the facts concerning such joint venture by virtue of his position as an audit committee member and independent

have the independent director review the work of the SKFM management from 2016 to 2018; and             (4)  neglecting the supervision of SKFM operation, causing deficiencies in many cases. For

credible, (2) the operation is independent, (3) they apply the principle of good governance in their risk management and personnel management, (4) they disclose correct and sufficient information, as well

ขององค์กรความร่วมมือระหว่างประเทศด้านการกำกับดูแลผู้สอบบัญชีและสำนักงานสอบบัญชี (International Forum of Independent Audit Regulators: IFIAR)? พัฒนาการด้านกฎเกณฑ์ ผลการตรวจสอบ และกรณีศึกษาในแต่ละประเทศ

exchange of information on violations of relevant laws and regulations.? At least two Thai residents serve on board of directors, of which at least one director is independent director and audit committee

audit by independent external organizations.Level 5 ? Extended: indicating anti-corruption policy which extends to business partners, consultants, intermediaries and business representatives.

at least five members to the board of directors, and of this at least two board members shall be independent directors, as well as to establish an audit committee. These requirements aim to ensure that