Reform Priorities in Asia: Taking Corporate Governance to a Higher Level Taking Corporate Governance to a Higher Level reform priorities in Asia 2011 REFORM PRIORITIES IN ASIA: TAKING CORPORATE

SEC Secretary-General Ruenvadee Suwanmongkol, SEC Assistant Secretary-General Jomkwan Kongsakul and team met Mr. Claude Marx - Director General of Luxembourg’s financial market watchdog CSSF, Ms. Daniele Berna-Ost - CSSF Secretary-General and team. Both parties achieved an agreement to arrange a cooperative framework on fintech for exchange of information involving major developments and issues on fintech supervision and oversight. This framework was similar to those CSSF agreed with capi...

urging knowledge dissemination concerning risk and investment in risky assets for higher return in preparation for retirement. Dr. Vorapol Socatiyanurak, SEC Secretary-General said that the first SEC

the facility’s practices and industry good practice regarding environmental and social impacts. If more than 10 significant gaps are identified, or more than 2 signficant gaps in any section assessed

-connected, inclusive and resilient ASEAN capital market. These key priorities are: (i) driving higher levels of transparency and disclosure; (ii) continuing with regulatory harmonization; (iii) intensifying

the audit of information technology general control (ITGC), as many medium-and small-sized audit firms had been identified by the results of inspection to lack sufficient competent personnel in

priorities are: (i) driving higher levels of transparency and disclosure; (ii) continuing with regulatory harmonization; (iii) intensifying capacity building; (iv) amplifying communication and awareness; and

reporting process toward a higher quality. In the preceding years, the SEC mobilized various initiatives to support the preparers in building self- discipline and the understanding of appropriate and

  pressures 1. Economic Environment Interest Rates : continued low interest rate environment has resulted in higher demand for investment yield. • reduced underwriting standards • create bubbles in the housing

ability to grow ARPU with higher data usage. As the fixed-speed low-tier packages were seized during the quarter, the ARPU pressure is expected to gradually ease. Aggressive marketing campaigns around the