on companies, including full disclosure of who controls them. Auditors can and do provide non-audit services to clients and only recently came under independent oversight. Boards do not have clear
. Therefore, we issued rules to limit commentaries via the mass media only to qualified analysts with sufficient experience. The SET is required to seek clear and timely clarification from listed companies that
Under the SEA, the SEC has the duty to promote, develop and supervise the Thai capital market to ensure reliability, transparency and fairness for all parties concerned. In fulfilling this mission, the
important for business flexibility and for delegating accountability in complex organisations. It also allows a company to divest itself of operational assets and to become only a holding company. However
forthcoming liberalization within five years. Message from the Secretary-General 4 not only empowered businesses but also furthered the moves toward the SEC's much anticipated self- regulation. On social
of the Roundtable will focus on how to change behaviour to achieve better out- comes. This commitment to excellence in corporate governance matters not only to Asia. The growing economic influence of
being an organization that seek to supervise and develop the Thai capital market towards efficiency, fairness, transparency, and integrity. ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ [ Message from the Secretary
gratitude and appreciation to all parties for their collaboration that contributes to the success in our capital market development. The endeavor will not only fortify the Thai capital market to be a major
UNOFFICIAL TRANSLATION Readers should be aware that only the original Thai text has legal force and that this English translation is strictly for reference. Notification of the Capital Market
the necessary resources and experienced personnel in order to be able to supervise the operations of the delegated persons, and to formulate the policy in the delegation of other persons to operate a