Expansion of Investor Base and Distribution Channels Coupled with Promotion of Investment Culture ■ Additional Mutual Fund Management Licenses to Promote Professional Management in the Thai Capital Market

are to maintain efficient, M.R. Pridiyathorn Devakula Chairman Message from the Chairman A n n u a l R e p o r t 2 0 0 6 3 Thirachai Phuvanatnaranubala Secretary-General The economic expansion was on

● Development of Debt Instrument Secondary Market Expansion of Investor Base and Distribution Channels for Investors and Promotion of Investment Culture ● Additional Mutual Fund Management Licenses in the Thai

shaping was done in the area of issuer integrity. All public companies were encouraged to set their own definitions for eligibility of independent directors, to exceed the minimum standard. All directors

power to appoint steering groups in support of the Board's and the SEC's operation to ensure transparency, efficiency and integrity of the organization. SEC Statement 11 C O R P O R A T E R E V I E W12 In

: Ability to identify common goals and collaborate with relevant parties to achieve the best outcomes.  Integrity: Being trustworthy, accountable and respecting the rule of laws and good governance

market confidence and business integrity, which in turn is essential for companies that need access to equity capital for long term investment. Access to equity capital is particularly important for future

services are efficient, transparent, and examinable, in a bid to promote confidence towards, and integrity and security of, the overall financial system, and to improve the competitiveness and image of the

Insurance Commission; Other agencies, for example, Damrongtham Center, the Federation of Accounting Professions, the Digital Government Development Agency (Public Organization) (DGA) for Integrity and

and integrity to enforce these standards actively and even-handedly; and oversee the effectiveness of the accounting and audit professionals. Priority 4: Board performance needs to be improved by