remained high with an average daily trading value of 20 billion baht. Local non-institutional investors were the main players in the market, accounting for about 70% of total market trading value (Figure 2
changing international accounting principles. In developing market infrastructure to enhance local players' competitiveness on the global arena, the SEC encouraged securities companies to initiate novel
economic development while improving the quality of life of the workforce and their families as well as of the local community and society at large. (WBCSD Stakeholder Dialogue on CSR, The Netherlands, Sept
million baht respectively. Accordingly, buying volumes of domestic institutional investors were partly from the establishment of new 40 equities mutual funds. High level of confidence among domestic
increased direct oversight of auditors of listed companies, and local accounting standards are converging to International Financial Reporting Standards. The SEC and Bank of Thailand (BoT) are well resourced
and enforcement. F. Cross-border co-operation should be enhanced, including through bilateral and multilateral arrangements for exchange of information. High levels of cross-border ownership and trading
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
, the Master Plan stresses the promotion of the supply of high quality products. A key initiative in this area, deriving from the government’s privatization policy, has been the promotion of initial
borrowing and lending, and joint venture management. As a result, any intermediary wishing to operate only brokerage business, for example, would have to meet the high minimum paid-up capital rule despite its
, and shall be in the form of high quality assets with adequate liquidity. Securities clearing houses and central securities depositories shall establish clear plans to obtain additional sources of funds