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Thailand: Finance Ministry officials to be required to report stock holding.
Section: Government & Politics - Starting next year, officials of the Finance Ministry will be required to report their shareholding to prevent any possible insider trading in a move to promote good governance.
Finance Minister Korn Chatikavanij disclosed that regulations requiring ministry officials and their families to report their shareholding and stock transactions to the ministry will be enforced in 2010.
As a part of an effort to promote good corporate governance, Korn reasoned that officials of the Finance Ministry have easy access to market-sensitive information but there are no existing regulations to monitor the trading activities of ministry …
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