INDEPENDENT AUDIT INSPECTION ACTIVITIES REPORT 2020 SECURITIES AND EXCHANGE COMMISSION, THAILAND Contents Executive Summary 01 04 08 15 28 58 62 70 47 Quality Assurance Review Panel Activities for Enhancing Financial Reporting Quality Summary of Audit Inspection Results A. Firm-Level B. Engagement-Level Root Cause Analysis Framework and Focuses in 2021 Essential Statistics Auditing Landscape in Thailand Executive Summary Over the past year, the Thai capital market experienced tremendous volatili...

buyer to purchase shares of Myanmar SPA-Today-Far East Company Limited and as a result of the restructuring of the Company’s operations to achieve more flexibility and efficiency. (10) General description

provide more flexibility to Thai securities companies who request the personnel of foreign business operators to provide investment advices on foreign products to Thai investors. The proposed revisions

of companies (the “Project”) which aims to clearly separate the business line within OISHI’s group of companies, enhance the management and administration flexibility and increase the capability of the

buyer to purchase shares of Myanmar SPA-Today-Far East Company Limited and because of the restructuring of the Company’s operations to achieve more flexibility and efficiency. As a result that Myanmar SPA

equipments and factory areas: after the Transaction, CCPH shall be able to use KPPH’s existing resource for its machines and equipments as well the flexibility to take position of the factory facility in

of the SEC’ s operation 1 2 3 4 5 6 1. Supervision of Securities Business 3/10 • For flexibility of securities business supervision and supporting Financial Technology • To promote development and

flexibility in business operation as well as greater competitiveness, and in line with the trend towards consolidated supervision of financial institutions of the Bank of Thailand.

management or advisor of another securities company, which is in support of financial conglomerate of securities businesses, bringing about flexibility in business operation as well as greater competitiveness

market flexibility. In addition, the SEC is currently exploring the suitability of implementing alternative measures such as alternative price rules that automatically impose the uptick requirement