for property valuation standards, and the committee to review the work of financial advisers. Moreover, in considering material facts regarding the contravention of laws, rules, and regulations, the SEC
safeguarding and preventing against damage and fraud as well as procedures to ensure the accuracy and reliability of its financial statements which shall be audited by the Office of the Auditor General of
resolution thereby ensuring greater strength and stability of the Thai capital market in the long run. SCE_Eng_p.1-16 10/29/04, 1:05 AM7 8 BOARD OF THE SEC Mr. Suchart Jaovisidha Minister of Finance Chairman
© OECD 2015 5 I) Ensuring the basis for an effective corporate governance framework; The chapter emphasizes the role of corporate governance framework in promoting transparent and fair markets, and the
corporate governance reduces emerging market vulnerability to financial crises, reinforces property rights, reduces transaction costs and the cost of capital, and leads to capital market development. Weak
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