Page 157 - BAM ONE REPORT 2564 (ENGLISH VERSION)

Form 56-1 One Report 2021
Bangkok Commercial Asset Management Public Co., Ltd. 155

2. Devise measures for performing of Guideline 6.4 Anti-corruption policy
duties in the COVID-19 situation by, for The Board of Directors reviews the “anti-
instance, requiring all employees and corruption policy,” which took effect on 6 August 2021,
outsource staff to conduct the rapid and instructs all directors, top executives, executives
antigen testing on every Monday and employees to use it as a practice guideline in
before coming to the office, etc. accordance with the principles of corporate governance
- Arrange the 2021 Annual General Meeting of in order to ensure efficiency in management and comply
Shareholders through the E-meeting method with the standard of SET-listed companies. The Board of
pursuant to the Emergency Decree on Meetings Directors gives priority to the fight against corruption in
via Electronic Means B.E. 2563 so as to all forms and promotes the employees at all levels of
abide by the social distancing rules. the Company to cultivate the anti-corruption mindset
and recognize the harmful effects of corruption. The
In addition, the Board of Directors instructs that a Company creates the right value among its employees
study be made to analyze and prepare the “Lessons and enhances confidence of the stakeholders by
Learned from the COVID-19 Crisis of BAM” that has developing and cultivating a good conscience among its
impacted the Company’s employees and operational employees at all levels. The Company makes sure that
performance. The study results will be used for preparing they recognize the importance of this issue and perform
and adjusting the working methods of the employees so their duties with integrity and without seeking benefits
that they will be ready for the work from home or work from their positions or unethically offering any favors to
from anywhere in the future when any critical situation other persons, and also keeps them informed of the
arises and the working strategies will likely be changed punishment and the harmful effects and damages
to fit with the nature of business of the Company in the caused by corruption. Therefore, the Company establishes
future. a practice guide that its employees at all levels must
acknowledge and abide by.
Guideline 6.2 Internal audit and internal control
The Board of Directors appoints the Audit Guideline 7 Maintaining of financial credibility and
Committee, which consists of the chairman and at least disclosure of information
two but not more than four committee members. All of Guideline 7.1 Accounting policy
them must have the qualifications and perform duties The Board of Directors supervises and ensures
in accordance with the regulations of the Office of the that the accounting system, financial reports and auditing
Securities and Exchange Commission and the Stock are reliable and meet the international standards, as well
Exchange of Thailand, as well as the relevant laws and as the accounting standards and financial reporting
the principles of corporate governance, in order to bring standards that are applicable to the Company, so as to
sustainable success to the Company. enhance stakeholder confidence.

Guideline 6.3 Management of conflict of interest Guideline 7.2 Financial liquidity and debt servicing
Recognizing the significance of conflict of interest ability
prevention, the Board of Directors maps out the policy The Board of Directors assigns the Working
and practice guidelines on prevention of a conflict of Committee for Assets and Liabilities Management to
interest, thereby prohibiting the directors, top formulate an investment policy for purchase of NPLs/
executives, executives and employees from operating NPAs from financial institutions and to prepare financial
any business in competition with the Company and from liquidity and establish a guideline on financing to
conducting any related party transaction that may support the Company’s operation plan.
create a conflict of interest.