Reform Priorities in Asia: Taking Corporate Governance to a Higher Level Taking Corporate Governance to a Higher Level reform priorities in Asia 2011 REFORM PRIORITIES IN ASIA: TAKING CORPORATE
internal audit plan in place by reviewing all departments’ operational risk management plans and prioritising them according to their risk level. The audit will focus on high risk/high impact areas and will
Operational Risks: The top-level management and directors jointly assessed potential risks to the SEC's objective achievement, especially in the key operational areas. Risk management plans were laid out and
provident funds can now choose investment program that is suitable to their requirement (employee’s choice). Moreover, the revised regulations have the effect of raising the level of transparency and
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