control and credibility of financial reports. The sufficiency of internal control system includes having in place (1) clear scope of authority and approval procedures in writing, (2) independence of core
number of independent directors, and (3) clear definition of ?independent directors? determined by each listed company. This would help enhance investors? confidence that listed company directors will
to disclose correct, complete, and clear information without any false statements. They must not uncover fact that should be clarified or mislead investing public to ensure investor protection. The SEC
availability of PVD data, to prescribe a clear application process and document requirements for fund registration, to improve the duties of employers, the Provident Fund Committee (PC) and fund managers, and
well as warn their personnel not to involve with such loans. Additionally, the SEC will cooperate with related agencies in setting up clear guidelines on credit lines provided to clients so as to prevent
other parties related to the transaction. When applying to Real Estate Investment Trusts (REITs), the regulations will make clear that REIT manager is responsible for disclosure of information on REITs
(greenfield) project and must be closed-end with no less than 2 billion baht registered capital. The fund must also set a clear policy on distribution of investment units to retail investors and be listed on
and inventory register in most of the items while the company could not provide clear explanation about cause of such discrepancy. Chanunkorn, however, did not expand his audit scope, assess possible
needs and size of its business; (2) “fundraising tools” to make ones know and understand fundraisings in different forms and channels through an easy and simple presentation and have clear pictures