sustainability that impact fundraising and investment behavior. 3.4 Changing expectations of the regulator to have an expanded role in creating an ecosystem that allows all parties to confidently utilize the
forests are forest areas with many of the principal characteristics and key elements of a native ecosystem, such as complexity, structure and biological diversity, including soil characteristics, flora and
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 market and the
reliable financial reporting is a result of a balanced financial reporting ecosystem. The SEC therefore emphasizes capacity building of stakeholders in the ecosystem, e.g., auditors, preparers, audit
evidence during a planning phase and a substantive test phase, especially in the audit of revenue, risk assessment and response to the risk of fraud. In this regard, the SEC will support and closely monitor
development of the financial reporting ecosystem; it is our belief that for the financial reporting to be reliable, the stakeholders in the ecosystem should be aware, and have a good understanding, of their
digital age are hyperconnected within the ecosystem. On the plus side, KBank does not need to own all of the necessary expertise, but can instead link to other units or external organizations to maximize
which in turn would only be possible with the support of a healthy financial reporting ecosystem. Striving to achieve such quality, the SEC has directed its efforts towards strengthening the various
government to work together to balance sustainable agricultural development and protection of the Cerrado, an important natural ecosystem in Brazil. Today we co-chair the SoS representing 163 companies and
of the competition from audit fees to audit quality. Finally, the SEC, together with other organizations, have implemented the model of financial reporting ecosystem, in which the quality of the