accountability allows market participants to gain a comprehensive understanding of the SEC’s role and operations. 5.3 Human resources and organizational development To strengthen accountability and enhance
facet of this structural change was corporate governance reform. Indeed, the years since the Asian financial crisis of 1997 have seen many countries in Asia enhance and transform corporate governance
changing international accounting principles. In developing market infrastructure to enhance local players' competitiveness on the global arena, the SEC encouraged securities companies to initiate novel
enhance efficiency of the market, (3) maintain long-term stability of the financial system, and (4) strengthen the international competitiveness of the market. Organisation The SEC Board The SEC Board
Information ● Supervision of Professionals Who Provide Information for Investors ● Development of Laws or System to Enhance Investorûs Rights 41 GOAL 3 Promote Integrity of the Market, Intermediaries, and All
as the reform of market institutions and infrastructure to enhance their effectiveness and efficiency. Furthermore, the Plan gives high priority to the systematic promotion of good governance in all
securities companies to strengthen their competitiveness by establishing business alliance and network with foreign counterparts and to enhance their offshore experience by gradually allowing them to make
amending related laws and regulations to strengthen their rights or enable them to participate more in criminal prosecution, and proposing class action law to allow investors to seek compensation for their
amending related laws and regulations to strengthen their rights or enable them to participate more in criminal prosecution, and proposing class action law to allow investors to seek compensation for their
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...