authorized director, causing the company to suffer losses. His action was deemed failure to perform duty with responsibility, due care, and loyalty for the best interest of the company, which was a violation
delivering value to the benefit of beneficiaries or clients over the appropriate time-horizon. 1.2 Independent oversight Institutional investors should be led by boards or other governance structures that act
page. Save and Close × Home > Laws/Regulations > Regulations > Financial Reporting and Audit Oversight > Auditor Supervision > Independent Audit Oversight
board‟s responsibilities inherently demand the exercise of objective, independent judgement. However, given the ownership structure in Asia, directors often remain appointees of controlling shareholders
the Nomination Committee members should be Independent Directors while the remaining should be Non-Executive Directors. The Chairman of the Committee should be an independent director. 2.2 To avoid a
Exchange Commission No. SorThor. 49/2549 Re: Rules on Exemption from Appointment of Independent Director of Securities Companies -------------------------------- By virtue of (1) The second paragraph of
of the Office of the Securities and Exchange Commission No. SorThor. 49/2549 Re: Rules on Exemption from Appointment of Independent Director of Securities Companies -------------------------------- By
submit additional information; (3) have an independent expert prepare an opinion related to 7 Added by the Notification of the Capital Market Supervisory Board No. Tor Jor. 26/2562 Re: Provisions relating
) and Economics), Georgetown University, Washington D.C., U.S.A Current Appointments Member of Financial Institutions Policy Committee, Bank of Thailand Independent Director and Member of the