criteria The World Bank has assessed corporate governance policy framework of the Thai capital market based on the Corporate Governance Principles of the Organization for Economic Co-operation and
Bank’s officers to be able to collect information for the assessment. Thailand first joined the program in 2005. Assessment criteria The World Bank has assessed corporate governance policy framework of
development of regulatory frameworks in Thailand. Capital Market Sector Thailand's capital market is assessed based on the International Organization of Securities Commission (IOSCO) Principles, which aim to
oversight system are recognized by the European Commission as equivalence to that of the EU Member States , or iii. an independent audit regulator of a country that has been assessed under
oversight system are recognized by the European Commission as equivalence to that of the EU Member States , or iii. an independent audit regulator of a country that has been assessed under the
with such CG principles, based on ‘comply or explain’. The Thai Institute of Directors Association evaluated the results from complying with the corporate governance principles, based on publicly