At today’s press conference to announce the SEC Strategic Plan for 2025 - 2027, Deputy Prime Minister and Minister of Finance, Mr. Pichai Chunhavajira, delivered a keynote speech on “Developing Thailand’s Capital Market as a Driver of Economic Growth.” Professor Wisit Wisitsora-at, Chairman of the SEC Board, welcomed attendees and outlined the objectives of the event, while Professor Pornanong Budsaratragoon, Ph.D., SEC Secretary-General, gave an overview of the SEC strategic direction for 2025 -2027. This event also featured a panel discussion on “Transforming the Capital Market: Opportunities and Challenges," with SEC Deputy Secretaries-General sharing their perspectives.

In his keynote address, Deputy Prime Minister and Finance Minister Pichai mentioned that Capital market must be a key mechanism driving Thailand’s economic growth and sustainability. For both the economy and the capital market to function efficiently, the government must take the lead in strengthening economic potential and growth opportunities. Meanwhile,  strengthening trust and confidence in the capital market is crucial. This requires strict legal enforcement, timely penalties for offenders, and expedited legislative processes to enhance the SEC’s investigative authority, particularly in high-impact cases. Further efforts will also focus on disclosure standards and oversight of market professionals. Regarding digital assets, technology should be optimized for innovation as well as investor protection. Promoting high-quality digital asset business operators should be a priority with close collaboration between the government sector and the capital market stakeholders to build a strong and sustainable capital market.

Professor Wisit Wisitsora-at, SEC Chairman, said: “Effective implementation of the strategic plan is crucial to ensuring operational efficiency and tangible outcomes. The SEC must operate with agility to swiftly respond to evolving circumstances. This agility is essential for upholding good governance in the capital market through continuous regulatory measures and developing standardized regulations that enable effective monitoring, prevention, and risk mitigation, for example, the forthcoming share pledging regulations. Enhancing trust and confidence has a key focus on justice, ensuring that legal enforcement is timely and efficient. Over the past year, the SEC has accelerated the resolution of pending cases, processing them at a rate three times faster than in 2023. Moving forward, further improvements are expected through seamless collaboration with relevant law enforcement agencies. Additionally, the SEC is preparing to strengthen its investigative capabilities, ensuring comprehensive enforcement to bolster confidence in Thailand’s capital market.”

Professor Pornanong Budsaratragoon, Ph.D., SEC Secretary-General, said: “In laying out the strategic plan, we emphasized a data-driven approach, taking into consideration global megatrends and policies, alignment with government policies, in-depth research and stakeholder consultations. This is to ensure that the capital market serves the needs of all stakeholders, enabling market participants, investors, and the public to understand future regulatory directions and market development in the next three years. The SEC will continue collaborating with all stakeholders to achieve a balanced and suitable ecosystem that strengthens market confidence and supports sustainable economic growth.”

The SEC Strategic Plan for 2025 – 2027 focuses on five key results as follows:
          (1) Enhancing market confidence (Trust & Confidence)
          (2) Leveraging digital technology for economic growth (Digital Technology)
          (3) Driving sustainability in the capital market (Sustainable Capital Market)
          (4) Promoting financial well-being for Investors (Long-term Investment)
          (5) Strengthening operational excellence (SEC Excellence)

“These five key results build upon past priorities and remain aligned with the SEC’ mission in both regulatory and developmental areas. For this year, we have adjusted the weight and balance of each key area to ensure a more integrated and consistent approach,” added Secretary-General.  

The panel discussion on “Transforming the Capital Market: Opportunities and Challenges” featured insights from Deputy Secretaries-General: Mrs. Waratchya Srimachand, Mr. Thawatchai Pittayasophon, Ms. Jomkwan Kongsakul and Mr. Anek Yooyuen. They shared perspectives on various aspects of the SEC’s three-year strategic plan, which continues to focus on proactive initiatives to enhance confidence in Thailand’s capital market. Trust and confidence is a fundamental pillar that enables the capital market to function effectively as a funding and investment hub. Additionally, the SEC aims to strengthen the competitiveness of the capital market and relevant sectors, ensuring alignment with international standards. This includes encouraging Thai listed companies to adopt a clear value-creation plan for their shareholders, and enhancing public access to the capital market as a viable wealth-building tool that meets their financial needs, including retirement planning.

Additionally, the SEC continues to enhance the digital capital market ecosystem and infrastructure, promoting Thailand’s capital market as a key driver of sustainability and carbon neutrality goals. Efforts will also focus on strengthening the SEC’s supervisory and regulatory capabilities, leveraging technology, data, and innovation in operations, and developing workforce skills to efficiently address stakeholder needs in a timely and effective manner.

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Remark:
Guidelines for Driving the Capital Market 2025 - 2027
https://www.sec.or.th/TH/Documents/strategicplan/strategicplan-2568-2570.pdf