market will be developed towards greater efficiency, trustworthiness, gaining recognition and interests from investors and parties wishing to raise fund at an international level. Participating in
currencies. The BOT views that corporate governance practices are fundamental to the efficiency, transparency and trustworthiness of commercial banks, and conducive to stronger competitiveness, added value
currencies. The BOT views that corporate governance practices are fundamental to the efficiency, transparency and trustworthiness of commercial banks, and conducive to stronger competitiveness, added value
trustworthiness in regard of undertaking such securities businesses; "major shareholder" means any person directly or indirectly holds shares of securities company exceeding ten percent of voting shares of such
. Competitive businesses Clear separation of target group of customers or markets; There are other groups of shareholders that can counterbalance; Major shareholders have more interests in the listed company
). Independent Director An independent director is a non-executive member and does not have a pecuniary relationship with the company. He or she must be independent from the major shareholders or a group of
and work systems to ensure orderliness, fairness, efficiency and reliability of market activities, and support appropriate fundraising, investment and securities trading to promote continuing growth of
). Independent Director An independent director is a non-executive member and does not have a pecuniary relationship with the company. He or she must be independent from the major shareholders or a group of
and work systems to ensure orderliness, fairness, efficiency and reliability of market activities, and support appropriate fundraising, investment and securities trading to promote continuing growth of
companies; Ensuring fair treatment to shareholders of a takeover target company; Enforcing cases of corporate fraud; Supervising business operators to take care of investors with fair and reliability