calculation of liabilities and risk haircut values in order that the revised criteria will reflect the current situation concerning the debt instruments business and promote debt instruments transactions in
Risk Management ● Development of Debt Instruments ● Development of New Financial Instruments ● Promotion of Issuance of Non-Voting Depositary Receipt (NVDR) Achieving Efficiency for the Secondary Market
Important Tool for Risk Management ■ Development of Debt Instrument Market ■ Amendment to the Public Limited Company Act B.E. 2535 (1992) to Help with the Capital Structure of Listed Companies ■ The Use of
issuance and sale of corporate debt instruments, both onshore and offshore. Launched in April, the country's first derivatives exchange helped to enhance investors' risk management and successfully hit the
, approximately a 31 percent growth from 5,079 billion baht at the end of 2006. The outstanding value of the debt securities at year end amounted to 4,886 billion baht or a 20 percent rise from 4,085 billion baht
Value Clean Price Index Debt Market In the debt securities market, bonds came under selling pressure as interest rates were on a rising trend. Bond prices, especially those of long-term bonds, continued
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
important for business flexibility and for delegating accountability in complex organisations. It also allows a company to divest itself of operational assets and to become only a holding company. However
Report on the Observance of Standards and Codes (ROSC) CORPORATE GOVERNANCE COUNTRY ASSESSMENT Thailand JANUARY 2013 Report on the Observance of Standards and Codes (ROSC) CORPORATE GOVERNANCE COUNTRY ASSESSMENT Thailand January 2013 Acknowledgements This assessment of corporate governance in Thailand has been prepared by David Robinett, Ratchada Anantavrasilpa, and Catherine Hickey of the World Bank Global Capital Markets Practice, as part of the Reports on Observance of Standards and Codes Pro...