Home » Business » MORE actions cause ‘SET’ to revise rules for securities trading – prevent-anticipate-recurrence regulation

MORE actions cause ‘SET’ to revise rules for securities trading – prevent-anticipate-recurrence regulation

January 10, 2023 – Mr. Pakorn Peetathawatchai, director and manager The Stock Exchange of Thailand (SET) has revealed that SET is in the process of improving processes. increase confidence and further increase the efficiency of the Thai capital market There are both short-term and long-term operational plans from upstream to downstream. Starting with the consideration of improving the criteria for quoting securities of both SET, Mai and the Live Exchange Exchange (LiVE Exchange or LiVEx) to be more appropriate.

Next is to consider improving the rules of trading, clearing and delivering securities. To be in line with the development of SET and regulatory changes in the future, such as increased trading by foreign investors. Using an internet trade trading program to access more

consider adjusting the data verification process Including revising the criteria for using important information such as stock information and integrating Securities Company Contact Information Centers (SECs) in various areas such as credit bureau information. This will help investors’ credit management to be more efficient.

Finally, consideration should be given to improving procedures in collaboration with regulators and other agencies. Both in the public sector and in the private sector to be able to perform various tasks faster. in order to reduce the impact of violence

“As a result of the case of payment default by Plc. More Returns (MORE) worth more than 4 billion baht occurred in November 2022 was considered Tamil month, so we plan to improve various criteria to be up to date and appropriate, even more after not upgrading for a long time. who must accept that it cannot be done quickly But we also have short-term plans such as reviewing the client’s risk profile, improving internal operational guidelines to reduce and prevent risks in the long term, considering improved regulations and standards standard. Including data center development, etc. “Pakorn said.

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