MORE stocks cause ‘SET’ to overhaul rules for securities trading – settlement prevent recurrence

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

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

consideration of adjusting the data verification process Including revising the criteria for using important information such as stock holding information and integrating contact information centers with securities companies (SEC) in various areas such as credit bureau information. That will help investor credit management to be more efficient.

Finally, it is to consider 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 more quickly. in order to reduce the impact of violence

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

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