liquidity and redemption of fixed income funds Increase institutional investors’ role and promote long-term investment among retail investors ● Coordinated with the Revenue Department to promote long-term
efforts in strengthening corporate governance in the industry. In the year ahead, countless different challenges are bound to arise and test our strengths, but I believe the SEC management and staff will
. In 2007, the SEC earned the total revenue of B793.8 million. The major source of revenue was the fee income of B441.4 million, which accounted for 55.61 percent of the total revenue, increasing by
with the Revenue Department resulted in the issuance of Ministerial Regulation and Royal Decree to solve outstanding tax issues which were impediments to the securitization process. The effect of such
higher than that of many high income countries as well as many countries in Asia, with the notable exceptions of Malaysia and Singapore. The SET index fell below the 400-point mark during the crash of 2008
, effective monitoring of management and be accountable to the company and its shareholders. Moreover, the board is also required to balance the different interests and classes of shareholders, and others. The
labor of provident fund members, the SEC, following its coordination with the Ministry of Finance (MOF), received a letter from the Fiscal Policy Office in March 2004, which informed the Revenue
responsive to the different needs of market participants without unfairly advancing the interests of any particular group to the disadvantage of others; Promptly deal with identified issues and misconduct
efficient allocation of resources. It focuses on the quality and consistency the different elements of regulations that influence corporate governance practices and the division of responsibilities between
1,763 1,215 Registered capital 5,000 5,000 5,000 Paid-up registered capital 5.000 5.000 5,000 Shareholder’s equity 6,815 7,346 8,992 Total income 1,011 - 18 Total expenses 1,542 1,645 12,833 Profit(loss