amendments are expected to enhance flexibility and industry adjustment to the fast changing market environment;3. Supervision of Mutual Fund Management: The mutual fund governance structure would be revised to
shaping of market development. The law on futures markets was enacted in 2004. Preparation is now well under way to establish the market within 2005. A clear and concise plan was set to eradicate remaining
should be consistent with the rule of law, transparent and enforceable. If new laws and regulations are needed, such as to deal with clear cases of market imperfections, they should be designed in a way
Thailand (SET) listed 558 companies at the end of 2012. Those listings were on two boards at SET—the SET and the Market for Alternative Investment (MAI), which focuses on smaller, fast-growing companies
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
while maintaining public confidence in the SEC's accountability. Communication with Stakeholders 1. Education and Dissemination of Information The SEC has established various two-way communication
. Procedures on the shareholders’ meeting date 2.1 The board of directors should encourage the company to use secure, fast, precise, and accurate technology in the shareholders meeting, including in recording
' right. The SEC ensure that all stakeholders can exercise the right and express their constructive views for the development and supervision of the capital market via extensive two-way communication and
duties and liabilities on “shadow” board members as a way to discourage their existence. Sanctions for violations of directors‟ duties should be sufficiently severe and likely to deter wrongdoing
support shareholdersû decision. This way, an abuse of the meetingûs resolution to do something that will take advantage of minor shareholders will become more difficult. Others include promoting directorûs