from eq- uity/debt markets). Given that related party transactions are common in Asia, the risk of abusive re- lated party transactions remains. Board nomination and election The board serves as a
capital market received “very good” assessment result (10 percent), two of which were small-sized audit firms. The above facts show a positive sign that audit firms in the capital market place a great
development of the financial reporting ecosystem; it is our belief that for the financial reporting to be reliable, the stakeholders in the ecosystem should be aware, and have a good understanding, of their
representatives from the public and private sectors acting as members, helped promoting the principle of good corporate governance constructively and in a sustainable way that it now becomes a social practice
statements are presented is of a country that has experienced hyperinflation, the existence of such inflation, a five year history of the annual rate of inflation and a discussion of the impact of
that are important to the ongoing development of the capital market. This included Class Action Act, the Trust for Transactions in Capital Market Act, the Amendments to the Provident Fund Act of 1987
from a voluntary market-led tool to a one that is increasingly led by governments. Currently, over 20 jurisdictions have or are in the process of establishing a green or sustainable finance taxonomy or
election slated in November 2020. Even though tension over the US-China situation eased somewhat after Phase One of a trade deal was reached in mid-January 2020, the details of any further negotiations are
of 2016. Looking ahead into the final quarter of this year, loans are set to maintain growth. Business loans, in particular, are expected to receive a boost from revival in economic activity and the
procedures that are complying with the Thai Standard on Quality Control 1 (“TSQC 1”) in place. During the first cycle, we have noted that some audit firms and their group of network firms tend to have a