Annual Report 2017

33 Company” seminar annually. In 2017, the focus was on cyber security, today’s critical issue for businesses. In addition, the CEO Club and mai Fanzi Club are networking channels for executives to build business alliances in sharing knowledge and experiences. Significantly, SET has also promoted the attractiveness of Thai listed companies among foreign investors. In 2017, SET together with member companies organized Thailand Focus 2017 conference under the theme “Establishing the New Engine.” Institutional investors from around the world were invited to get updated information about the business potential of 142 listed companies (highest number ever). At this event, top executives from the capital and financial markets, the government, and the private sector participated, provided information on the 20-year National Strategic Plan and the digital technology driven economy. A total of 116 institutional investors from around the world participated, representing a total value of assets under management (AUM) of USD 2.6 trillion. There were 1,464 group meetings with Thai listed companies (the highest ever), reflecting the high interest in Thailand’s growth potential. Throughout 2017, SET sponsored roadshows in partnership with securities companies, during which 45 listed companies presented highlights of information to investors in Singapore, England, Korea, Japan, and Australia. In 2017, the criteria for developing quality listed companies were improved to make it appropriate for and consistent with the current situation. The adjustments covered the qualifications of a listed company’s chief financial officer (CFO) and accounting supervisor specifying that individuals holding these positions must possess educational qualifications, work experience, and appropriate ongoing training to stay abreast of developments in the field of accounting. These requirements are in effect for companies applying for listing from January 1, 2018 onwards. Companies registered before January 1, 2018 are required to comply with these requirements from January 1, 2019 onwards. Criteria for delisting was also upgraded to ensure that the delisted company if back for trading will be of quality and with sufficient liquidity, effective from February 1, 2018. SET has encouraged listed companies to disclose information more via SET Portal for more efficiency and less companies’ burden. SET maintains real-time monitoring of securities and derivatives trading conditions to ensure fairness in trading, to prevent trading irregularities, and/or prevent improper orders, including illegal transactions. In 2017, there were 82 companies under market surveillance’s cash balance accounts criteria. There were 31 cases of possible violation under the Securities and Exchange Act B.E. 2535 already reported to the SEC for further consideration. In 2017, SET took disciplinary actions in the fine of THB 1.5 million charged to a member company and eight officers were placed on probation. Member companies