of directors but not less than three persons. The audit committee consists of at least three persons and at least one person must have adequate knowledge to review the reliability of financial
on Return Long-term Return 5 From high to low fees: trigger, small-cap, large-cap, and index funds. Large-cap is the largest segment but more expensive funds with poorer performance have been selling
approved by high-level management. In this case, such system shall; (a) generate good control environment; (b) assess, administer and manage any risks which arise or may arisen from conducting business to be
) having internal control system which is approved by high-level management. In this case, such system shall; (a) generate good control environment; (b) assess, administer and manage any risks which arise or
the purpose and mission of the company; (2) having internal control system which is approved by high-level management. In this case, such system shall; (a) generate good control environment; (b) assess
Insurance Commission) (Available in Thai only) 1. Authorized person 2. High level executives 3. Actuary 4. Auditor
CORPORATE GOVERNANCE TO A HIGHER LEVEL © OECD 2011 should be strengthened to comprise individuals with a mix of skills, knowledge, experience and diver- sity. Codes of ethics, heightened expectations of
, frameworks and tools Source: UNDP and OECD The Standards help to make high-level impact management principles5 actionable, and guide the choice of which frameworks, methodologies and tools should be used to
and responsibilities of high-level management Chapter 2 Availability of competent personnel Chapter 3 Fund management operation system 3.1 Accepting of purchase or redemption orders of investment units