penalty to be imposed on the offender. Appeal Any person who is affected by, and disagrees with, an administrative order has the right to appeal such order. The appeal procedure is provided by the SEC
judgement eventually. Due to the Thai legal system, the Courts of Justice are classified into three levels, namely: the Courts of First Instance, the Courts of Appeal, and the Supreme Court. Moreover, the
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done in their best interest. Furthermore, to promote and contribute to a good corporate governance ecosystem that stimulates responsible and sustainable practices by Thai listed companies. 2. What is a
of regulator should change to accommodate the current ecosystem, along with the mechanisms to implement FSAP comments and recommendations. 2008 Full assessment report: Thailand - Assessment of
, the I Code promotes and contributes to a good corporate governance ecosystem, stimulates responsible and sustainable practices by listed companies, and fosters growth and development of the Thai capital