of Good Corporate Governance for listed companies, and a new banking act and supporting regulation to improve bank corporate governance. The amendments to the SEA included clearer duties for directors
of due diligence and know-your-client assessments (DD/KYC), (3) supporting electronic non-face-to-face identity verification, and (4) allowing businesses to access anonymized data under possession of
) supporting electronic non-face-to-face identity verification, and (4) allowing businesses to access anonymized data under possession of governmental agencies for the development of financial products and
securities by recording and maintaining usage information and log files. Chapter 7 Outsourcing of Services __________________ Clause 34 For actions which the applicable laws or regulations do not specifically
, compared to 117 percent in 2006. Apart from being the main pillar supporting the fund mobilization among participants in the capital market, the SEC continued to promote diversification and innovation of
authorities. In particular, new emphasis is placed on the quality of supervision and enforcement. The chapter also includes a new principle on the role of stock markets in supporting good corporate governance
Committee is empowered to perform the duties as specified in the charter and as directed by the SEC Board. Main responsibilities include supporting the SEC Board's supervision on the SEC's operation, internal
introduced in 2001) and the increase in tax incentives for savings through life insurance, etc., should continue to play an important supportive role on the bond demand side, maintaining trading activities in
with international standards ; · Supporting the work of the ASEAN Capital Markets Forum (ACMF) – a joint initiative of the regional securities regulators endorsed by the Ministers of Finance of
with international standards ; · Supporting the work of the ASEAN Capital Markets Forum (ACMF) – a joint initiative of the regional securities regulators endorsed by the Ministers of Finance of