Wednesday 10 May 2017

Thailand: SEC publishes new governance code and new code for institutional investors

Earlier this year the Securities and Exchange Commission published a new edition of its Corporate Governance Code for Listed Companies as well as a new Investment Governance Code for Institutional Investors: see, respectively (both in English), here (pdf) and here. It is interesting to note the emphasis placed upon innovation and responsible business in the governance code. The new code for institutional investors contains most (if not all) of the principles that are becoming commonplace in such codes (e.g., disclosure; monitor and engage; have policies on engagement and the exercise of voting rights; manage conflicts of interest; act collectively where appropriate).

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