judicial system. Recommendations: Asian legal systems should continue to improve regulatory and judicial enforcement capacity to allow shareholders, especially non-controlling shareholders, to seek legal
the assumptions used in the fair value measurement, and to publicly disclose such assumptions and the sensitivity analysis on significant factors through the SET’s Electronic Information System within
Office shall conduct due diligence of the facts in accordance with the steps and procedures specified in the Licensing Manual for the Public, and shall inform the applicant of any observation from the due
professional ethics, the provisions of law relating to auditors, and the SEC regulations. Furthermore, registered auditors shall work for audit firms that have an audit quality control system in compliance with
who has rectified the cause, work system, management structure and operating control, which has caused the applicant to have the characteristics under Clause 19(1) or (2). Clause 21 In addition to the
maintains its mission to oversee and develop the quality of auditors in the capital market. The quality control system of the audit firms is regularly inspected, and the audit engagement is randomly selected
system. Directions and strategies for enhancing capacity of Thailand’s capital market were formalized to fulfill the country’s key requirements and competitive edge on a global scale in line with the 20
control system at the firm level and the individual engagement level, the SEC encourages all stakeholders to attain a better understanding and awareness of their roles within the ecosystem, from the
comprising the systems in the following areas at a minimum: (a) system for administering and checking foreign securities to ensure that they are sufficient for the depositary receipts that have been offered
the capital market were taken care of to ensure that they would be able to continue functioning seamlessly. In this regard, building a quality financial reporting system in compliance with international