File Attachment(s) Reserve for IOD Member Only CG Update Vol.8/2015 [ 2,089.71 kb. ] Policy Alert Vol.8/2015 [ 1,007.65 kb. ] Policy Brief Vol.8/2015 [ 507.45 kb. ]

Policy Brief: The Intellectual Property Act No#2 Phor.Sor. 2558

The Intellectual Property Act No#2 Phor.Sor. 2558 took effect on August 15, 2105. The Act, which amends the Intellectual Property Right Act Phor.Sor. 2537, deals with intellectual property rights with regard to the copying or recording of a voice and/or motion picture without authorization. This type of infringement for personnel usage and benefit had been considered as illegal due to the infringement on intellectual property rights for trading purposes.

Policy Alert: Anti-Corruption Act Pho.Sor.2558

Thailand has been a party to the United Nation Convention against Corruption (UNCAC) since March 1, 2003. Consequently, the country is obligated to conform with the Convention and must be monitored by the United Nations to ensure that local law is in accordance to sustain an international standard.

CG News Update: Governance over Corporate Values and Risk

Corporate Value

There is growing consensus among market participants that a board should embed a sound corporate culture in its organization as weaknesses in corporate culture have been a significant factor in a number of corporate and institutional scandals. The internal audit function can play a central role in identifying deficiencies in a corporate culture and where hidden risks of non-compliance with ethical standards and values lie. Given that the internal auditor’s work on assurance involves observing and reporting on behavior, an internal audit can help to identify the root cause of problems, evaluate the health of the company culture and provide a key line of defense against risks.

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