SEC Secretary-General Pornanong Budsaratragoon, together with the SEC executive team, held the meeting with ThaiBMA led by Director Yodrudee Santatikul, President Dr. Somjin Sornpaisarm, and the ThaiBMA executive team, on 3 November 2023 at the SEC Building. The meeting was convened with the primary objective of fostering collaboration in the development and enhancement of standards related to the issuance and offering of debt securities. Key areas of discussion encompassed the enhancement of information disclosure to investors, with a specific emphasis on augmenting speed, clarity, timeliness, and accessibility. A concerted effort was also directed towards elevating investor awareness and education in the realm of bond investment. The overarching aim was to strengthen the credibility of the Thai bond market ecosystem, positioning it as a resilient avenue for fund mobilization within the business sector and an appealing investment destination for investors.
“The SEC gives priority to the collaboration with ThaiBMA, which plays a crucial role in promoting and developing the bond market. The association’s responsibilities also include setting standards and practice guidelines for operating debt securities businesses, dissemination of standard reference prices, acting as bond information center for both the primary and secondary markets, as well as posting news and investor alerts promptly. Moreover, ThaiBMA is a valuable contributor of opinions and recommendations in practical matters that benefit the development of the Thai bond market,” said SEC Secretary-General.
Over the years, the SEC and ThaiBMA have maintained an ongoing collaboration focused on the continual improvement of regulatory oversight for the issuance and offering of debt securities. This partnership has involved the establishment standardized terms and conditions, and the regular dissemination of current, pertinent information. These combined efforts aim to strengthen the trustworthiness of the Thai bond market, positioning it as a pillar of fund mobilization for the business sector.
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