and the SEC Secretary- General, and four to six expert members appointed by the Cabinet upon recommendation of the Minister of Finance, among whom there shall be at least one expert from each of the
at Law. Mr. Thirachai Phuvanatnaranubala Mr. Thirachai is an ex-officio member and secretary of the Board. He was appointed Secretary-General of the Securities and Exchange Commission in December 2003
company. Committees appointed by the board of directors to consider in what form and how much directors and top executives should be compensated. A body appointed by the board of directors and charged with
of the Bank of Thailand before being appointed the Governor. Mr. Suparut Kawatkul Permanent-Secretary for Finance Mr. Suparut is an ex-officio member of the Board. He graduated with a B.Sc. (Econ) from
assigned by such claimant; “SET” means the Stock Exchange of Thailand; “Office” means the Office of the Securities and Exchange Commission. Chapter I General Provision ________________________ Clause 4. The
private fund custodian; (UNOFFICIAL TRANSLATION) - 2 - (5) a derivatives business operator; “claimant” means any person who is caused damage by the act of the respondent or any other person assigned by such
assigned by the board of directors; (2) establish risk management measures which are sufficient to effectively prevent and manage risks in different areas; (3) regularly review said policy framework and risk
debt instruments. Resulting from the changes, dealers of debt instruments can now offset the losses from the trading transactions with the profit. This represented a change from the old provision that
assigned to monitor irregularities in stock trading. 1.3 Regarding listed companies, preventive measures to avoid siphoning of company assets through connected transactions will be emphasized. There will be