borrowing and lending, and joint venture management. As a result, any intermediary wishing to operate only brokerage business, for example, would have to meet the high minimum paid-up capital rule despite its
Securities borrowing and lending ë Securities financing ë Inter-dealer brokers ë Investor contacts (e.g. analysts and marketing officers) ë Fund managers ë Fund supervisors/custodians ë Credit rating agencies
ie ve m en ts i n 20 04 page 24-25 Securities and Exchange Commission, Thailand Securities Borrowing and Lending (SBL) Market Develop a robust domestic SBL market ● Supported the SET’s settlement
borrowing and lending (SBL) market and futures market . Aside from nurturing confidence among both local and international investors, the SEC plans to make all related parties ready for the assessment under
greater transparency on the market conditions. The Ministerial Regulation has received approval from the Cabinet and is in the process of becoming effective. ■ Approval for the second credit rating agency
in the Government Gazette, the amended Act shall take effect and will provide a robust foundation for fair and effective development of the capital market. Developing our capital market is an ongoing
principles for governments to follow in developing their regulatory frameworks, recognising the importance of supervisory, regulatory and enforcement authorities in ensuring effective implementation. Broad
accounting standards. While board chair and CEO are generally not the same, the chairman is often not independent and may act as a “full-time” chair. Some market participants also question the effective
operators’ provision of or involvement with crypto deposit taking and lending services Under the SEC’s policy, digital asset business operators are not allowed to provide or support deposit taking and lending
prohibition of digital asset business operators’ provision of or involvement with crypto deposit taking and lending services Under the SEC’s policy, digital asset business operators are not allowed to provide