(IASB), and made financial contributions to facilitate the ongoing efforts of the Federation of Accounting Professions (FAP) in the improvement of the Thai accounting standards toward convergence with the

taxed accordingly. 3. Improvement of information in the debt instrument market. ■ Information of issuers - The SEC has amended regulations for the offering of debt instruments so that issuers have to

inflows to the region during September-October, driving up Thai and regional stock markets; C A P I T A L M A R K E T R E V I E W22 2. Interest rate cut: During the months of January and July, the BOT cut

for the mutual benefits of countries in the region. The Asian Bond Market Development initiative is a very important example of a joint undertaking of which Thailand has been a very active proponent

achieved faster recovery in comparison with other countries in the region. This was evident by listed companiesû operating profits, expansion of domestic consumption, and strong increases in exports

, practitioners and experts on corporate governance in the region, as well as from OECD countries and relevant international institutions. Participants exchange experiences and push forward the reform agenda on

capital market and its position in the region as a preferred capital market venue; 4.2 Promoting good governance and high standards as an integral part of business of issuers, securities companies and

market participants generally confirm the extent of corporate governance improvement. The Bank of Thailand Act and the 2008 Financial Institutions Business Act grant the BoT wide ranging authority to