Annual Report 2014
90
Policies and guidelines on conflicts of interest
Policies on confidentiality and data usage
To guide all SET staff to act in the interests of the
Exchange, without favor or preference based on possible
direct or indirect personal gain, the Exchange has provided
examples of situations in which a conflict of interest may
arise, as well as procedures to follow. These actions include:
• Not allowing employees to serve on the boards of,
or as consultants to, listed companies or member
firms
• If serving on the board of other companies or
organizations, employee must seek prior approval
from the president. If the president is the person
in question, employee must seek prior approval
from the chairman.
• If involving in transactions with SET, employee
must disclose in writing any relationship, both
direct and indirect, with related person engaged
in those transactions, and must abstain from
participating in the procurement process.
As of December 31, 2014 no SET senior executive served
as a director, committee member, or advisor of any company.
BoG recognizes the confidentiality of SET
information and protection against conflicts of
interest by not using confidential information
dishonestly, for example:
• Not exploiting SET confidential information
for personal or other persons’ benefit
wrongly.
• Maintaining SET confidentiality so that
documents or information will not leak,
resulting in damage to SET.
• Not disclosing SET’s confidential information
even after leaving SET.
Since 2012, SET has implemented the Data
Leak Prevention process as a tool for controlling
the publicizing of information, while protecting
confidentiality.
• Review of Corporate Governance policy
and the SET group’s Code of Conduct
The SET Board of Governors has established an
annual review of SET CG policy and the SET group’s
Code of Conduct by the Corporate Governance and
Social Responsibility Committee, before submitting to
the board for approval. In 2014, the board approved
the current corporate governance policy and Code of
Conduct as being adequate and in line with international
standards.
• Activities to support employees’ knowledge
and understanding of Corporate Governance
• Disseminating CG policy and Code of Conduct
via SET’s intranet and website:
www.set.or.th• Regularly preparing articles with updated
movements in “Sharing: CG& Compliance”
column via SET’s intranet.
• In 2014, the CG Day event was held on October
22 under the theme “CG Refresh”, during which
all the guidelines in the Code of Conduct were
reviewed to enhance the employees’ awareness