SEC-SET Discuss to upgrade capital market supervision

Bangkok 5 Aug-SEC and SET Discuss strengthening business supervision in the capital market to build confidence along with establishing preventive measures in case of causing damage to those involved in a wide range

The SEC and the Board of Governors of the Stock Exchange of Thailand issued a joint statement saying that at the meeting on August 3, 2023, they discussed and exchanged views on the work process between each other in supervising businesses in the capital market in order to strengthen them. Including joining in learning lessons in cases that cause damage to investors and stakeholders in a wider area in order to review guidelines for supervision and prevention measures in the future The committees of both agencies have agreed on policies and measures.

Mr. Tawatchai Pittayasophon, Deputy Secretary-General Acting Secretary General, said that the SEC and the SET will cooperate in the development of the capital market going forward together as well as learning to solve problems together in order to make the capital market operate more efficiently. Build investor confidence and have a mechanism to help protect investors from investing in the capital market.

Dr. Pakorn Peetathawatchai, Director and Manager of the Stock Exchange of Thailand, said that the Stock Exchange of Thailand Has been working to coordinate various cooperation with the SEC continuously. This joint meeting helped to learn more clearly about problems and obstacles. This will be helpful in determining the direction for improvement and development of regulatory mechanisms. to develop the capital market together in the future by the Stock Exchange of Thailand Ready to continue to cooperate and coordinate closely.-Thai News Agency

Source: Thai News Agency