At the seminar, Prof. Pornchai Chunhachinda, PhD., SEC Board member, gave a keynote address on the topic, “The Importance of ESG Disclosure and the Roles of Auditors towards Sustainability of the Thai Capital Market and Economic Growth.” In addition, the research team from Thammasat University led by Prof. Witawat Rungruangphon and Mr. Weerapong Kitiwong, PhD., presented the results of the Value of Audit Research Project, revealing the main reason why stakeholders or related parties have failed...
“Director Pool”, a database for nomination of directors who have appropriate qualifications and skills, which is another initiative that helps enhance women’s exposure to corporate leadership and directorship
According to the SEC Strategic Plan, the goal of building competitiveness can be achieved through standard rules and regulations. In this regard, the regulatory guillotine scheme,* which focuses on review of rules and regulations to maintain only necessary ones and ensure effective enforcement, can help SEC build a body of standard regulations in line with the changing environment without compromising appropriate investor protection and convenience for business operation.The SEC therefore...
Singapore and the SEC, all of which are independent audit regulators in ASEAN region, to ensure and enhance the quality of audits and financial reports. The AARG was created to be a forum where knowledge and
opinion. After analyzing the root cause of these deficiencies, the SEC believes that they were caused by inadequate and/or inappropriate risk assessments during the audit planning stage. Therefore, it is
convenience to case monitoring and progress updates. In case of unreasonable delay or inadequate services from officers, complainants are welcome to contact SEC Secretary-General directly via email: ruenvadee
direct channel for conveying our regional- and country-specific issues on the application and enforcement of the IFRS to the IASB. From these global participations, the SEC expects to further enhance the
presence in the international arena and enhance competitiveness and opportunities of business operators and participants in the Thai capital market. The hosting opportunity would also help to enhance the
sufficient information for making decisions, as well as to enhance the quality of financial reporting, the SEC regulates auditors who audit and express opinions about financial statement in capital market in
) Ethical requirement (ER): Compliance in this area was found insufficient in some firms, such as inadequate independence compliance testing due to the findings on incomplete identification of related parties