majority of the relevant governing body are non-practitioners (with an appropriate cooling off period for former auditors); and - Funding of the regulator is free of undue influence by the audit profession
overseen by experts, all aimed at creating an illusion of trustworthiness. In addition, the SEC continues to prevent investment scams in various manners, as follows: (1) Posting on the
DODD-FRANK ACT • Financial crisis revealed behemoth players in financial industry were not overseen by any regulatory authority • Dodd-Frank mandated additional SEC oversight on PE and HF firms JUNE 22
. Institutional investors will best be able to focus fully on the needs of their beneficiaries or clients where their governance structures leave them free from bias and independent of competing interests
is a wholly owned subsidiary of the SET. Clearing and settlement are done one a Delivery vs. Payment basis (DVP) at T+3. Ownership With a free float of 48 percent, corporate ownership in Thailand is
unitary board is overseen by an internal auditor’s body, the principles applicable to the board are also, mutatis mutandis, applicable. As the definition of the term “key executive” may vary among
understand the benefits of and need for effective disclosure practices. To promote free and vigorous investigation and responsible reporting by news organisations, local defamation and libel laws should be
has been overseen by Credit Risk Management Sub-committee and Credit Process Management Sub-committee to ensure efficiency and effectiveness in all relevant processes, thus allowing KBank to deliver a