internal audit plan in place by reviewing all departments’ operational risk management plans and prioritising them according to their risk level. The audit will focus on high risk/high impact areas and will

............................................................................... 43 definiTiOnS Cumulative voting: cumulative voting allows minority shareholders to cast all their votes for one candidate. suppose that a publicly traded company has two shareholders, one holding 80

believes that this Statement of Intent will aid the public and all capital market stakeholders to understand the SEC’s role and operations, and promote confident participants of the capital market. 2. Vision

has been carried out under the auspices of the OECD Corporate Governance Committee with all G20 countries invited to participate in the review on an equal footing with the OECD Member countries. Experts

progress and remaining challenges, and formulated common policy objectives and a practical reform agenda. Awareness of the OECD Principles of Corporate Governance is now high in the region. In fact, all

Information ● Supervision of Professionals Who Provide Information for Investors ● Development of Laws or System to Enhance Investorûs Rights 41 GOAL 3 Promote Integrity of the Market, Intermediaries, and All

as the reform of market institutions and infrastructure to enhance their effectiveness and efficiency. Furthermore, the Plan gives high priority to the systematic promotion of good governance in all

cooperation, information sharing and suggestions from all parties for the benefit of sustainable market developments. In the bond market, the SEC amended several regulations to enhance flexibility for the

uncertainty and external challenges led by record-high oil prices, fluctuation of foreign capital flows at rapid speed and in high volume, and US subprime mortgage crisis. Yet, the Thai capital market succeeded

trust and confidence amongst its shareholders, investors, other stakeholders and all relevant parties. A company with a management system that creates trust and confidence among all stakeholders has