of Commerce, Thai Institute of Directors, State Enterprise Policy Office in the Ministry of Finance, Federation of Accounting Professions, Social Security Office, Government Pension Fund, and
share- holders (through what is known as 'tunnelling' 3 ), or misrepresenting an individual company's financial statements (of particular concern where the company is under pressure to meet expectations
Association 12% 3% 41% 8% 13% 5% 18% Market Participation Dealers-to-Clients 30% 70% Non-dealer License Social Security Fund and Government Pension Fund Mutual Funds Insurance Companies Domestic Companies
principles can be adapted by each company to best fit the individual firm’s functional needs. If they choose not to comply with any principles, they should explain thoroughly the reasons for not doing so. 2
Market Association Note: *outright trading value 39% 2% 12% 4% 2% 6% 22% 52% 61% Market Participation Dealers-to-Clients Dealers-to-Clients Inter-dealers Non-dealer License Mutual Funds Social Security
possible limit of individual freedom, regulation is essential to uphold market credibility and orderliness. Yet, the regulator’s exercising of power must be prudent, fair and only as necessary to protect the
possible limit of individual freedom, regulation is essential to uphold market credibility and orderliness. Yet, the regulator’s exercising of power must be prudent, fair and only as necessary to protect the
by account officers. This is particularly important because over 70 percent of the equity trading volume is generated by individual local players. Individuals are naturally very sensitive to news
for reform in individual countries. 4 G20/OECD PRINCIPLES OF CORPORATE GOVERNANCE © OECD 2015 The Principles were originally developed by the OECD in 1999 and last updated in 2004. The current review
Management ■ 3. Mr. Vasant Thienhom Senior Assistant Secretary-General ■ 4. Cmdr. Anothai Khowlikhit R.N. Senior Division Chief Security Division 1 2 3 1 2 3 4 [ Executive Officers of the Office of the SEC ]13