accounting expert member of the Board. He was Auditor General of the Office of the Auditor General of Thailand and President of the Institute of Certified Accountants and Auditors of Thailand in 1997. He

University. Previously, he was Auditor General of the Office of the Auditor General of Thailand and President of the Institute of Certified Accountants and Auditors of Thailand. He is Chairman of AMC

% 60% 40% 20% 0% Market Participants Financial Institutions (Licensed Dealers and Non Licensed Dealers) 38.5% Contractual Saving Funds 12.5% Mutual Funds 19.2% Insurance Companies 3.2% 115 110 105 100

to expand investor base, regulations were passed to allow the setting up of many new types of mutual funds, the mobilization of long-term investment through retirement mutual fund, the improved

economic development, both as a source of fund for businesses to expand and restructure their enterprises to remain competitive in the worldûs markets, and as an important source of savings to which

Protection Policy applies to the business operators who have been licensed by the SEC Office, the market professionals who have been approved by the SEC Office, other persons approved by the SEC Office, as

house” means any licensed derivatives clearing house according to the law on derivatives; “central securities depository” means any central securities depository according to the law on securities and

Reform Priorities in Asia: Taking Corporate Governance to a Higher Level Taking Corporate Governance to a Higher Level reform priorities in Asia 2011 REFORM PRIORITIES IN ASIA: TAKING CORPORATE GOVERNANCE TO A HIGHER LEVEL 2011 This work is published on the responsibility of the Secretary-General of the OECD. The opinions expressed and arguments employed herein do not necessarily reflect the official views of the Organisation or of the governments of its member countries. This document and any m...

companies and for securities companies, and can take enforcement actions against their directors and other officers. These changes have been supported by new regulations which further clarify and expand their

Fund Approval and Management System (“OFAM”). In addition, the amendment would expand channels for announcement of dividend payment such as websites of asset management companies.    The paperless