to look and act beyond our frontier. With Thailand assuming as increasingly prominent role as one of Asia’s leading growth engines, we must be more engaged in the development of Asia’s financial system
instrument market will help create a balance for the financial system and reduce dependency to commercial banks. In addition, debt instruments can be issued at a time that matches issuerûs need, which helps
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
judicial system. Recommendations: Asian legal systems should continue to improve regulatory and judicial enforcement capacity to allow shareholders, especially non-controlling shareholders, to seek legal
initiative of the International Monetary Fund and the World Bank. The results ref lected a satisfactory level of Thailand's compliance with the international standards. Certain deficiencies were identified and
benefits of the capital market. Expectations include: Provide opportunities for businesses to operate independently with an effective supervision system in place to ensure an orderly market; Be
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investors to make investment, the Thai capital market must have strong fundamentals so that it will be able to compete effectively with other markets in the financial system. This means that the Thai capital
formulating the structures and the scopes of responsibilities of sub-committees and steering groups, the Board employs the checks and balances system and the corporate governance principles to prevent conflicts
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