practices are relatively infrequent considering the overall normal transactions in the capital market; however, damage incurred from a few cases could tarnish the confidence of investors and stakeholders on a
Statistical Highlights Audit Committee Statement Report on Internal Control over Financial Statements Financial Statements Appellate Committee Arbitrators Sub-committees 2 3 4 6 8 11 21 27 30 34 41 50 58 70 76
collective activities Total number of staff: 418 A n n u a l R e p o r t 2 0 0 6 5 Audit Committee Secretary-General Thirachai Phuvanatnaranubala Internal Audit Dept. 12 staff Deputy Secretary-General Prasong
Assistant Secretary-General ■ 1. Mr. Paithoon Tejasmit Director Office of Internal Audit 1 2 3 4 5 1 Office of Internal Audit • responsible for auditing activities and operations of the Office of the SEC to
Commission, Thailand As of December 31, 2004 Information Technology Department Mr. Kumpol Sontanarat Director Internal Audit Department Mr. Kajornsak Outthasin Director Investment Adviser Supervision
Agency ● Internal Management 57 Board of the SEC 58 Appellate Committee 59 Sub-committees and Steering Group 66 Arbitrators 67 Executives Officers 68 Capital Market Performance 2001-2003 72 Investigation
independent director, in the case of a central securities depository; (2) adopt an effective internal control system and an efficient, independent audit system. In addition, a securities clearing house shall
shareholder). Many of these transactions facilitate normal day-to-day business of the business group and might be economically efficient. Examples of such transactions are sale or purchase of goods, and
the execution of electronic transactions which would be deemed as fully legitimate as normal transactions, for example, transactions related to businesses under the SEC supervision, subscription