are to maintain efficient, M.R. Pridiyathorn Devakula Chairman Message from the Chairman A n n u a l R e p o r t 2 0 0 6 3 Thirachai Phuvanatnaranubala Secretary-General The economic expansion was on
possible limit of individual freedom, regulation is essential to uphold market credibility and orderliness. Yet, the regulator’s exercising of power must be prudent, fair and only as necessary to protect the
possible limit of individual freedom, regulation is essential to uphold market credibility and orderliness. Yet, the regulator’s exercising of power must be prudent, fair and only as necessary to protect the
repo market in February 2008 and conduct bilateral repo transactions with primary dealers instead. Private repo will become more and more important source of funding and in turn contributing to expansion
incident which affects a computer system relating to clearing, settlement, and depository services with respect to securities to the extent that it may seriously affect the credibility of the organization
regulatory provisions, market credibility requires that their status in terms of coverage, implementation, compliance and sanctions is clearly specified. C. The division of responsibilities among different
against the OECD Guidelines of Corporate Governance for State Owned Enterprises and other international good practice; > Maintaining the credibility and effectiveness of the SEC and BoT, including through
complement training by periodic, externally facilitated board evaluations. This adds credibility to what is an internal process, which should be dislosed to shareholders. Boards should put in place procedures
does not change significantly in 2005, though the pace of growth may slow down, in line with a declining trend in global economic expansion. Various negative factors that impacted economic growth in the
● Development of Debt Instrument Secondary Market Expansion of Investor Base and Distribution Channels for Investors and Promotion of Investment Culture ● Additional Mutual Fund Management Licenses in the Thai