maintain the readiness of important systems of securities clearing houses and central securities depositories so that they can operate continuously; (5) disclosure of information in a clear, transparent, and

governance framework, including regulatory and listing requirements and business practices, with the objective of maintaining and strengthening its contribution to market integrity and economic performance. As

corporate governance, securities business liberalization and enforcement. The SEC also confirmed the Thai capital market?s readiness to enter the Financial Sector Assessment Program in 2007 with

next Steps: Thailand has undertaken important reforms in recent years. It should build on this progress and take further steps to protect smaller shareholders and retirement savings and maintaining