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January 6, 2015

Securities and Banking Regulations in Thailand 2014 – Thomson Reuters Complinet

Complinet Complete (Thomson Reuters Accelus)

This article provides an overview of the regulatory framework in Thailand for the banking and securities sectors. The following subjects are discussed in detail:

  • The Bank of Thailand: Responsibilities
  • Forms of Financial Institutions: Types of banking/financial institutions
  • Financial Sector Master Plan – Phase I and II: Goals and the Deposit Protection Agency
  • Foreign Exchange Regulations: Foreign currencies, local currency, non-resident Baht accounts, exports, imports, services, foreign investments, and reporting
  • Banking Secrecy: Penalties for unlawful disclosure and exceptions
  • Outsourcing: Restrictions and conditions
  • Anti-Money Laundering: Role of the Anti-Money Laundering Office and requirements
  • The Securities and Exchange Commission: Responsibilities
  • Securities Exchange: The Stock Exchange of Thailand
  • Clearing House and Securities Depository Centre: Trading transactions clearance time, the Thailand Securities Depository Company, and the Thailand Clearing House
  • Securities Regulations: The Securities and Exchange Act and the Derivatives Act
  • Securities Issuance: Equity and hybrid instruments
  • Substantial Shareholding/Business Takeover: Regulations, acquisition and disposition reports, and tenders
  • Securities Businesses: Applicable businesses and requirements
  • Investment by Foreigners in the SET: Steps for foreigners to invest in listed Thai securities

This article was published by Complinet Complete (Thomas Reuters Accelus).

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