Since TBU’s trading activities involve complex and high-value transactions, it is essential to monitor every transaction in detail to minimize risks and ensure transparency. At the same time, the system should have the flexibility to accommodate rapid and changing trading activities.
Trading activities are controlled by means of three aspects:
By policy through a committee on trade framework, credit extension and business risk management and by using Good Corporate Governance as a guideline for business conduct for management and staff.
By structure and duty through a control and cross-check system under the Company's policy and regulations. The division of job functions are front office (liaising with clients), mid office (regulates trading and risk management) and back office (contracts and credit management).
By Trading Control System (TCS) which examines and regulates trading and risk management electronically on the on-line real-time basis. The system allows PTT Group to observe any transactions being carried out instantly and or taking any action needed under the Company's regulations and organization structure.
The application of the 3 dimensions control system that meets the international standard results in a smooth and transparent conduct of trading with risks being mitigated or eliminated.