Thailand Financial Sector Assessment Program : Thailand Securities Depository of the CPSS/IOSCO Recommendations for Securities Settlement Systems
Securities settlement systems should have a well-founded, clear and transparent legal basis in the relevant jurisdiction. The laws, regulations, rules and procedures governing the operations and activities of Thailand Securities Depositories (TSD)...
| Main Authors: | , |
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| Format: | Report |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2017
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/429371468310528833/Thailand-Thailand-Securities-Depository-TSD-of-the-CPSS-IOSCO-recommendations-for-securities-settlement-systems-detailed-assessment-of-observance http://hdl.handle.net/10986/28233 |
| Summary: | Securities settlement systems should
have a well-founded, clear and transparent legal basis in
the relevant jurisdiction. The laws, regulations, rules and
procedures governing the operations and activities of
Thailand Securities Depositories (TSD) are public and
accessible to participants. In particular, participants
receive comprehensive documentation covering the rules,
requirements, procedures and instructions of TSD. This
documentation is available on request and is accessible on
the TSD website. The public authorities' regulations
are also available to the general public on the websites of
the Ministry of Commerce (MoC), the Securities and Exchange
Commission (SEC) and the Bank of Thailand (BOT). It is
recommended to implement adequate legal measures that ensure
the netting arrangement is legally protected even in the
event of the insolvency of a participant. |
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