depository or a securities clearing house, the central securities depository shall establish measures for risk management, at least as set out in subclause (1) of Paragraph 1, mutatis mutandis. Chapter 5

Committee Statement. (1) Supervisory Risks: To achieve supervisory objectives effectively, the SEC set up a risk management system that facilitates effective monitoring, assessing and handling of potential

has the duty to ensure that all departments have set up their own risk management procedures consistent with one another; (2) Required all risk-exposed departments to draw contingency plans to minimize

principles were developed cov- ering implementation and enforcement, and mechanisms that should be established for parties to pro- tect their rights. However, the Principles seek to minimise the risk of over

related operational risk, and evaluate risks both internal and external that could affect the operation and the SEC’s strategic plan. Subsequently, control activities and working procedures are set up to

will closely coordinate with the SET to monitor stock trading activities and solve the problem in advance. Another aspect of the supervisory task is to improve risk management procedures of securities

the need for risk management board committees and disclosure. While guidance and regulations for banks and securities companies (under SET) are clear, increasingly these and other activities like

, risk factors, board members, etc. New issues in this 6 G20/OECD PRINCIPLES OF CORPORATE GOVERNANCE © OECD 2015 chapter include the recognition of recent trends with respect to items of non-financial

Important Tool for Risk Management ■ Development of Debt Instrument Market ■ Amendment to the Public Limited Company Act B.E. 2535 (1992) to Help with the Capital Structure of Listed Companies ■ The Use of

calculation of liabilities and risk haircut values in order that the revised criteria will reflect the current situation concerning the debt instruments business and promote debt instruments transactions in