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

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

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

and a leading institution in the development of this market. 2.2 Develop financial instruments to facilitate dealersû operations and create liquidity in the debt instrument market such as the

: (1) accounting standards of the International Accounting Standards Board; (2) In the case of a lack of accounting standards under subclause (1), accounting standards of the American Institution of

% 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

an important institution for a long-term development of the Thai economy. Moreover, it will create a balance between the debt instrument and equity instrument markets that is so important for a long