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
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
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
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
, the Master Plan stresses the promotion of the supply of high quality products. A key initiative in this area, deriving from the government’s privatization policy, has been the promotion of initial
uncertainty and external challenges led by record-high oil prices, fluctuation of foreign capital flows at rapid speed and in high volume, and US subprime mortgage crisis. Yet, the Thai capital market succeeded
. Minority shareholders have limited influence on actual board selection and high barriers to call a GMS, influence the meeting agenda, or bring legal action against the company or a director under the law
progress and remaining challenges, and formulated common policy objectives and a practical reform agenda. Awareness of the OECD Principles of Corporate Governance is now high in the region. In fact, all
meetings and conducting public hearings. (In 2012, the SEC held 22 public consultations via its website.) In case of a high impact regulation, a large-scale seminar may be necessary. Moreover, the proposed
meetings and conducting public hearings. (In 2012, the SEC held 22 public consultations via its website.) In case of a high impact regulation, a large-scale seminar may be necessary. Moreover, the proposed