, principles and impacts of accounting standards on financial reporting. The relevant courses organized by official agencies related to the capital market including the Stock Exchange of Thailand, the
assessment programs organized by international agencies provides opportunities to measure our practice against the international benchmarks. During the past years, Thailand and the Thai Capital Market have
Board on October 1, 2007. It has been reviewed periodically since then to ensure appropriateness, topical consistency and compliance with relevant laws. The SEC Code of Governance imposed on board members
worth investors, provide an organized market, anddesignate at least one market maker. For the market maker or the high networth investors trading, the mutual fund management company may accept
meetings no restrictions a yearly unit holder meeting is mandatory, a resolution of unitholders shall be sought through an organized meeting 7. Leveraging (including issuing of debt instruments) no
unitholders shall be sought through an organized meeting 7. Leveraging (including issuing of debt instruments) no restrictions not more than three times of the equity (the same as applied for IFFs) 8
. (3) The audit committee’s opinions. (4) Consistency with objectives, strategies and policies. 7.1.3 The board should ensure that information disclosures (including financial statements, annual reports
Commission, Thailand, at the FSAP Seminar organized by the Bank of Thailand & IMF Bangkok, October 15, 2004 Convergence of Accounting Standards : A Closer Look from the Perspective of SEC by Mr.Thirachai