oversight of financial reporting, disclosure, internal control and internal audit to make sure that the firm’s financial records and reporting fully meet Thai Generally Acceptable Accounting Principles

recommending board training and evaluation and a recommendation on considering the establishment of specialized board committees in areas such as remuneration, audit and risk management. We look forward to the

futures exchange and formulate risk management tools. Moreover, closed coordination will be made with foreign regulators while Thailand will participate in the assessment project called the Report on the

mechanism of investor protection and the SEC efficiency and integrity. Operational framework and assessment procedures were issued later to facilitate the evaluation of the strategic plan's effectiveness. 1.2

with respect to securities; (3) evaluation of risks, and their probability, of discontinuity of a computer system relating to clearing, settlement, and depository services with respect to securities, and

adoption of international standards would yield materially differ- ent results. Priority 4: Board performance needs to be improved by appropriate further training and board evaluation. The board nomination

Kong Securities & Futures Commission for mutual recognition of managed fund products. We also undertook a self-assessment for compliance with IOSCO Principles to pave the way for Thailand’s Financial

in accordance with international standards. One of the achievements during the year was the overall result of the Thai capital market assessment under the Financial Sector Assessment Program, a joint

enforcement action taken. 6 Statement of Intent (2017) (4) Ensure effective management, monitoring and evaluation, including risk and budgeting management, internal control, adequate financial resources

Report on the Observance of Standards and Codes (ROSC) CORPORATE GOVERNANCE COUNTRY ASSESSMENT Thailand JANUARY 2013 Report on the Observance of Standards and Codes (ROSC) CORPORATE GOVERNANCE