uncertainty and external challenges led by record-high oil prices, fluctuation of foreign capital flows at rapid speed and in high volume, and US subprime mortgage crisis. Yet, the Thai capital market succeeded

years. The capital market, as a fine piece of the picture, glues and connects other elements to complete the whole picture, and is well reflected by the confidence of domestic and foreign investors in the

institutions should be adequately resourced, credible and accountable, and work closely and effectively with other domestic and external institutions. They should be supported by a credible and efficient

external challenges. Finally, I wish to sincerely thank the SEC’s management and officers and all parties who have dedicated their effort towards the sustainable development of our capital market. I am

are representatives from the private sector, external experts. 7. ​Seek approval from SEC Board/CMSB/SEC Office before drafting the notification * ​8. ​Draft the notification: Draft notifications shall

in the Principles but are treated more explicitly in a number of other instruments including the OECD Guidelines for Multinational Enterprises, the Convention on Combating Bribery of Foreign Public

) and Department of Foreign Trade successively. M em be rs o f th e SE C B oa rd page 08-09 Securities and Exchange Commission, Thailand Mr. Panas Simasathien Mr. Chaiyawat Wibulswasdi Mr. Sompol

, appoint the external auditor, and make decisions on any transactions that affects the company, such as dividend payment, amendments to the company’s articles of association or bylaws, capital increases or

) and postal and electronic voting are not allowed. Foreign shareholders face limits on their participation in certain companies, and custodians do not have explicit requirements to act on their behalf

of an administrative sanction, external experts will be invited to join the committee to ensure that the decision follows international standards of the private sector involved.     Additionally, the