revision process. The final Draft Act will be submitted according to the National Legislative Council's procedure in due course.?In addition to the legislation, the SEC is simultaneously working to remove
Expansion of Investor Base and Distribution Channels Coupled with Promotion of Investment Culture ■ Additional Mutual Fund Management Licenses to Promote Professional Management in the Thai Capital Market
State Enterprise Policy Office, the Bank of Thailand, the Office of Insurance Commission, Department of Business Development Law enforcement agencies, such as Office of the Attorney General, Economic
are to maintain efficient, M.R. Pridiyathorn Devakula Chairman Message from the Chairman A n n u a l R e p o r t 2 0 0 6 3 Thirachai Phuvanatnaranubala Secretary-General The economic expansion was on
● Development of Debt Instrument Secondary Market Expansion of Investor Base and Distribution Channels for Investors and Promotion of Investment Culture ● Additional Mutual Fund Management Licenses in the Thai
legislation. Rather, they seek to identify objectives and suggest various means for achieving them. The Principles aim to provide a robust but flexible reference for policy makers and market participants to
commercial and insolvency judges and professionals, (ii) the dissemination of insolvency legislation and judicial decisions, (iii) cooperation in cross-border insolvency cases. Companies should establish
does not change significantly in 2005, though the pace of growth may slow down, in line with a declining trend in global economic expansion. Various negative factors that impacted economic growth in the
functions that report to the audit committee and generally have internal control and risk management systems. Whistleblowers are legally protected. Key Obstacles: While the underlying legislation is generally
repo market in February 2008 and conduct bilateral repo transactions with primary dealers instead. Private repo will become more and more important source of funding and in turn contributing to expansion