conflicting objectives, for example where the same institution is charged with attracting business and sanctioning violations, should be avoided or managed through clear governance provisions. Overlapping and

monitor, control, and manage risks to ensure that these risks can be handled; (3) sufficient funding, appropriate systems and rules for membership and supervision of members to ensure efficient securities

being an important fund raising tool for businesses that would otherwise have to rely on a more expensive funding from the banking system, is also less risky than equity instrument and can also be a

funding source as well as an attractive investment for both local and foreign investors, but also all problems in the capital market will be solved and all inappropriate conducts will be stamped out. Last

Asset Management Co., Ltd • Chairman of Audit Committee, Secondary Mortgage Corporation • Assistant Governor, Financial Institution Supervision Group, Bank of Thailand Education : • Master of Management

dealer-to-client transactions, non-dealer financial institution transactions accounted for 13 percent, while contractual saving funds, mutual funds, insurance and domestic companies totally accounted for

level. To this end, effective and continu- ous consultation with the public is an essential element that is widely regarded as good practice. A few countries have identified „a champion‟ institution to

repo market in February 2008 and conduct bilateral repo transactions with primary dealers instead. Private repo will become more and more important source of funding and in turn contributing to expansion

% Securities Companies 0.11% 0.40% financial institution 2.98% 0.41% foundation 0.01% - Others 11.77% 14.05% TOTALS 82.82% 17.18% coRPoRAte goveRnAnce Rosc FoR thAIlAnd | 8landscape 0 40 20 60 80 100 120 2008