level. To this end, effective and continu- ous consultation with the public is an essential element that is widely regarded as good practice. A few countries have identified „a champion‟ institution to

institution to maintain its reputation with market participants. Stock Exchange of Thailand The Stock Exchange of Thailand (SET) is an independent legal entity whose governance structures are set out in the SEA

Fund Raising of Businesses and Privatization of State Enterprises ■ Support for Unlisted Companies in Preparing to be Listed so that will Pave Way for Long-term Supply of New Products for the SET

guest lecturing and participating in activities organized by other agencies such as çMoney Expo 2003é held by Banking and Finance Magazine and çSET in the Cityé organized by the SET. SCE_Eng_p.17-32 10/29

holds an LL.M. in International Banking Laws from Boston University, USA. Mr. Thirachai Phuvanatnaranubala Mr. Thirachai is an ex-officio member and secretary of the Board. He has been Secretary- General

serve as the basis for the Guidelines on corporate governance of banks issued by the Basel Committee on Banking Supervision, the OECD Guidelines on Insurer and Pension Fund Governance and as a reference

). Sector Dec. 31, 2003 Dec. 30, 2004 % chg. from 2003 SET 772.15 668.10 -13.48 Property Development 199.53 118.39 -40.67 Finance & Securities 1,799.42 1,332.93 -25.92 Banking 277.89 235.77 -15.16 Energy

implementation of good corporate governance to strengthen investors' confidence in securities markets. In 2007, market capitalization of the Stock Exchange of Thailand (SET) totaled at 6,636 billion baht

capital market supervision is crucial and necessary. The regulations under this Notification set a standard for operation of securities clearing houses and central securities depositories so that their

trading and clearing and settlement of listed securities to the Securities and Exchange Commission, to be in line with international standards, (2) restructuring the SET Board of Governors structure to