issue of political independence of the securities supervisor through the creation of a formal governing body (a board, council, or commission) whose members are given fixed terms of appointment. If the
the region and the important role played by China, India, and Indonesia in the G-20, the Financial Stability Board and the OECD Corporate Governance Committee give corporate governance developments in
, Secretary-General of the Council of State, Secretary-General of the National Economic and Social Development Board, Governor of the Bank of Thailand, or Secretary-General of the SEC or commissioner in the SEC
. He is now Chairman of the Executive Committee, Siam Piwat Co., Ltd. and Chairman of the Council of State Group 12. Mr. Chaiyawat Wibulswasdi Mr. Chaiyawat is a financial expert member of the Board. He
International Consulting Co., Ltd. as well as Director and Chairman of the Audit Committee of the Bank of Thailand. Mr. Kittiratt Na-Ranong A financial expert member of the Board, he graduated with a B.Sc. in
Agency ● Internal Management 57 Board of the SEC 58 Appellate Committee 59 Sub-committees and Steering Group 66 Arbitrators 67 Executives Officers 68 Capital Market Performance 2001-2003 72 Investigation
appointed within 60 days. Members of the Board who retire upon the expiration of the term of office may be re-appointed for another term. The SEC Board has the power to appoint the Audit Committee, ad hoc sub
pros and cons and the costs of compliance 4. Seek approval for the measure from SEC Board/CMSB/SEC Office 5. Conduct public consultation on the measure: focus group meetings/public hearings This
. Composition of the committee and qualifications and responsibilities of committee members shall be prescribed by the Capital Market Supervisory Board and SET. Committees appointed by the board of directors to
SEC relies on the Check and Balance System whereby the Audit Committee and the Internal Audit Department are responsible for reviewing and giving recommendation to the SEC Board on the matters related