Bangkok, 3 March 2020 – The Capital Market Supervisory Board has considered the guidelines for enhancing the securities companies’ capability and approved in principle on the inclusion of additional assets classes eligible for repo and reverse repo agreements by securities companies and a study on guidelines for supporting for human resource development, investor base expansion and IT system development expenses of securities companies.
In accordance with SEC Strategic Plan 2020-2022 by which, one of the goals of
SEC is to ensure the competitiveness of business operators in the capital
market. At the Capital Market Supervisory Board’s Meeting No. 3/2563 held on 3 March 2020 chaired
by SEC Secretary-General
Ruenvadee Suwanmongkol, the Meeting has considered the guidelines for enhancing
the securities companies’ capability
and resolved to approve the generation of alternative income channels and the reduction
of expenses as follows:
(1) To enhance
the securities companies’ ability in
managing liquidity, it is approved in principle that the asset classes eligible
for the repurchase (repo) and reverse repurchase (reverse repo) agreements between the securities
companies and non-institutional
investors be extended to include listed securities as same as institutional
investors, in addition to the current eligible
assets which are government bonds and investment-grade debentures only.
(2) SEC will consider the feasibility of supporting
expenses for human resource development, investor base expansion and IT system development
in order to raise the business operating standards which will be beneficial to
the securities companies and investors.
In this respect, SEC will consider detail operational guidelines to be
presented to the SEC Board for further consideration.
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