continuing to move to full adoption of international accounting standards; > Strengthening auditor independence and effectiveness of market intermediaries; and > Continuing to increase board independence and
transparent and encompass the public interest. D. Stock market regulation should support effective corporate governance. Stock markets can play a meaningful role in enhancing corporate governance by
collaboration with the Stock Exchange of Thailand (SET), and relevant government and private sector agencies have formulated the Capital Market Master Plan to serve as the roadmap for market development. The main
implementation of good corporate governance to strengthen investors' confidence in securities markets. In 2007, market capitalization of the Stock Exchange of Thailand (SET) totaled at 6,636 billion baht
interest that could affect their ratings' independence. When the independence of gatekeepers and their integrity become compromised, market confidence suffers. Codes of conduct or ethics for each group of
FROM THE CHAIRMAN (Suchart Jaovisidha) Chairman SCE_Eng_p.1-16 10/29/04, 1:05 AM4 5 In 2003, the bullish stock market was a good reflection of Thailandûs economic recovery with strong outlook and
the mark for another year in 2006, further strengthening the robustness of market infrastructure. Though affected by unexpected incidents late in the year, the market managed to recover and the stock
assigned by such claimant; “SET” means the Stock Exchange of Thailand; “Office” means the Office of the Securities and Exchange Commission. Chapter I General Provision ________________________ Clause 4. The
assigned by such claimant; “SET” means the Stock Exchange of Thailand; “Office” means the Office of the Securities and Exchange Commission. Chapter I General Provision ________________________ Clause 4. The
claimant; “SET” means the Stock Exchange of Thailand; “Office” means the Office of the Securities and Exchange Commission. Chapter I General Provision ________________________ Clause 4. The arbitral