Bangkok, January 4, 2012 ? The SEC announced today the Strategic Plan 2012 accentuating the capital market?s role as a key driver of economic growth and regional leadership in preparation for the ASEAN Economic Community which is scheduled for launch in 2015. Over the past year, substantial progress was made in the targeted areas of (1) regional competitiveness and linkage, (2) product and service innovation, (3) regulatory reform and enforcement, (4) financial literacy promotion, and (5) organ...
The SEC emphasizes the importance of supporting relevant parties and key stakeholders in the financial reporting ecosystem to ensure that they are capable of performing their duties appropriately. Several projects and activities related to enhancing the quality of financial reports are organized on a continuing basis to strengthen credibility of finanical reports and investor protection. This includes inspection of audit firms’ quality control systems, which has been running since 2010. Accordi...