Thailand - Assessment of Observance of the CPSS-IOSCO Principals for Financial Market Infrastructures : BAHTNET and TSD

This report contains the assessments of BAHTNET and TSD based on the PFMI. The assessment was undertaken in the context of the International Monetary Fund and World Bank Financial Sector Assessment Program (FSAP) of Thailand in November 2018. The a...

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Main Authors: International Monetary Fund, World Bank
Format: Report
Language:English
Published: World Bank, Washington, DC 2019
Subjects:
Online Access:http://documents.worldbank.org/curated/en/769411571259925337/Thailand-Assessment-of-Observance-of-the-CPSS-IOSCO-Principals-for-Financial-Market-Infrastructures-BAHTNET-and-TSD
http://hdl.handle.net/10986/32612
id okr-10986-32612
recordtype oai_dc
spelling okr-10986-326122021-05-25T09:28:58Z Thailand - Assessment of Observance of the CPSS-IOSCO Principals for Financial Market Infrastructures : BAHTNET and TSD International Monetary Fund World Bank PAYMENT AND MARKET INFRASTRUCTURE FINANCIAL SUPERVISION PAYMENT CLEARING SETTLEMENT LIQUIDITY BOND TRADE This report contains the assessments of BAHTNET and TSD based on the PFMI. The assessment was undertaken in the context of the International Monetary Fund and World Bank Financial Sector Assessment Program (FSAP) of Thailand in November 2018. The assessors were Gynedi Srinivas and Dorothee Delort of the World Bank’s Payment Systems Development Group. The assessors would like to thank the Thai counterparts for their excellent cooperation and generous hospitality. The objective of the assessment was to identify potential risks related to the FMIs that may affect financial stability. While safe and efficient FMIs contribute to maintaining and promoting financial stability and economic growth, they may also concentrate risk. If not properly managed, FMIs can be sources of financial shocks, such as liquidity dislocations and credit losses, or a major channel through which these shocks are transmitted across domestic and international financial markets. The scope of the assessment includes two main FMIs as well as the authorities in Thailand responsible for regulation, supervision, and oversight of FMIs. BAHTNET and TSD are assessed against all relevant principles of the PFMI. The authorities, the BOT and the SEC, are assessed using the responsibilities for authorities of FMIs. 2019-10-23T20:21:28Z 2019-10-23T20:21:28Z 2019-06 Report http://documents.worldbank.org/curated/en/769411571259925337/Thailand-Assessment-of-Observance-of-the-CPSS-IOSCO-Principals-for-Financial-Market-Infrastructures-BAHTNET-and-TSD http://hdl.handle.net/10986/32612 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work :: Financial Sector Assessment Program Economic & Sector Work East Asia and Pacific Thailand
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic PAYMENT AND MARKET INFRASTRUCTURE
FINANCIAL SUPERVISION
PAYMENT CLEARING
SETTLEMENT
LIQUIDITY
BOND TRADE
spellingShingle PAYMENT AND MARKET INFRASTRUCTURE
FINANCIAL SUPERVISION
PAYMENT CLEARING
SETTLEMENT
LIQUIDITY
BOND TRADE
International Monetary Fund
World Bank
Thailand - Assessment of Observance of the CPSS-IOSCO Principals for Financial Market Infrastructures : BAHTNET and TSD
geographic_facet East Asia and Pacific
Thailand
description This report contains the assessments of BAHTNET and TSD based on the PFMI. The assessment was undertaken in the context of the International Monetary Fund and World Bank Financial Sector Assessment Program (FSAP) of Thailand in November 2018. The assessors were Gynedi Srinivas and Dorothee Delort of the World Bank’s Payment Systems Development Group. The assessors would like to thank the Thai counterparts for their excellent cooperation and generous hospitality. The objective of the assessment was to identify potential risks related to the FMIs that may affect financial stability. While safe and efficient FMIs contribute to maintaining and promoting financial stability and economic growth, they may also concentrate risk. If not properly managed, FMIs can be sources of financial shocks, such as liquidity dislocations and credit losses, or a major channel through which these shocks are transmitted across domestic and international financial markets. The scope of the assessment includes two main FMIs as well as the authorities in Thailand responsible for regulation, supervision, and oversight of FMIs. BAHTNET and TSD are assessed against all relevant principles of the PFMI. The authorities, the BOT and the SEC, are assessed using the responsibilities for authorities of FMIs.
format Report
author International Monetary Fund
World Bank
author_facet International Monetary Fund
World Bank
author_sort International Monetary Fund
title Thailand - Assessment of Observance of the CPSS-IOSCO Principals for Financial Market Infrastructures : BAHTNET and TSD
title_short Thailand - Assessment of Observance of the CPSS-IOSCO Principals for Financial Market Infrastructures : BAHTNET and TSD
title_full Thailand - Assessment of Observance of the CPSS-IOSCO Principals for Financial Market Infrastructures : BAHTNET and TSD
title_fullStr Thailand - Assessment of Observance of the CPSS-IOSCO Principals for Financial Market Infrastructures : BAHTNET and TSD
title_full_unstemmed Thailand - Assessment of Observance of the CPSS-IOSCO Principals for Financial Market Infrastructures : BAHTNET and TSD
title_sort thailand - assessment of observance of the cpss-iosco principals for financial market infrastructures : bahtnet and tsd
publisher World Bank, Washington, DC
publishDate 2019
url http://documents.worldbank.org/curated/en/769411571259925337/Thailand-Assessment-of-Observance-of-the-CPSS-IOSCO-Principals-for-Financial-Market-Infrastructures-BAHTNET-and-TSD
http://hdl.handle.net/10986/32612
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