, and shall be in the form of high quality assets with adequate liquidity. Securities clearing houses and central securities depositories shall establish clear plans to obtain additional sources of funds

annual report features Benjarong ceramics. Benjarong, meaning five colours, gained popularity in the royal court and the high society of Siam in the late Ayudhya period (A.D. 1350 - 1767). But it was

and enforcement. F. Cross-border co-operation should be enhanced, including through bilateral and multilateral arrangements for exchange of information. High levels of cross-border ownership and trading

. Minority shareholders have limited influence on actual board selection and high barriers to call a GMS, influence the meeting agenda, or bring legal action against the company or a director under the law

independence and objectivity. The Audit Committee considers and presents view concerning appointment, transfer and dismissal of the Director of the Internal Audit Department. The Committee and the SEC's

progress and remaining challenges, and formulated common policy objectives and a practical reform agenda. Awareness of the OECD Principles of Corporate Governance is now high in the region. In fact, all

borrowing and lending, and joint venture management. As a result, any intermediary wishing to operate only brokerage business, for example, would have to meet the high minimum paid-up capital rule despite its

million baht respectively. Accordingly, buying volumes of domestic institutional investors were partly from the establishment of new 40 equities mutual funds. High level of confidence among domestic

uncertainty and external challenges led by record-high oil prices, fluctuation of foreign capital flows at rapid speed and in high volume, and US subprime mortgage crisis. Yet, the Thai capital market succeeded

, the Master Plan stresses the promotion of the supply of high quality products. A key initiative in this area, deriving from the government’s privatization policy, has been the promotion of initial