own low risk exposure. In addition, such requirement may be inconsistent with the business types or the business risks of intermediaries, and may not support the development of new businesses that make

corporate governance reduces emerging market vulnerability to financial crises, reinforces property rights, reduces transaction costs and the cost of capital, and leads to capital market development. Weak

still going on and relevant rules and regulations are being https://www.sec.or.th/EN/Documents/AnnualReport/pb_ar_2001.pdf ROSC_Thailand_web.pdf corporate governance reduces emerging market vulnerability

uncontrollable exposure to currency exchange risk. In 2003, the SEC focused its attempt to increase debt instrument liquidity by promoting the issuance of inter-dealer broker (IDB) license to facilitate debt

achieved continual growth despite the emergence and persistence of multiple risk factors such as higher oil prices, global economic slowdown especially in trade alliance countries, exchange rate volatility

financial instruments, risk management tools to support capital market development for business sectors, and greater investment alternatives for the public. These efforts have been driven concurrently with

vulnerability to financial crises, reinforces property rights, reduces transaction costs and the cost of capital, and leads to capital market development. Weak https://www.sec.or.th/cgthailand/TH/Documents

calculation of liabilities and risk haircut values in order that the revised criteria will reflect the current situation concerning the debt instruments business and promote debt instruments transactions in

principles were developed cov- ering implementation and enforcement, and mechanisms that should be established for parties to pro- tect their rights. However, the Principles seek to minimise the risk of over

confidentiality and data protection. The SEC has put in place internal procedures to ensure that its exercise of powers and duties are consistently applied. Operational Risk Management The SEC has developed its