Thailand Financial Sector Assessment Program [electronic resource] : Thailand Securities Depository of the CPSS/IOSCO Recommendations for Securities Settlement Systems.
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TextSeries: Financial Sector Assessment Program | World Bank e-LibraryPublication details: Washington, D.C. : The World Bank, 2008Subject(s): Accounting | Audits | Bankruptcy | Bankruptcy and Resolution of Financial Distress | Capital Markets | Collateral | Commercial Banks | Confidentiality | Conflict of Interest | Data Storage | Debt | Debt Markets | Disclosure | Finance and Financial Sector Development | Financial and Private Sector Development | Financial Regulation & Supervision | Financial Sector | Firewalls | Hardware | Insolvency | Jurisdiction | Legal Framework | Monetary Policy | Mutual Funds | Private Sector | Receivership | Regulators | Risk Management | Securities | Securities Markets Policy & Regulation | Settlement Systems | Standards and Financial Reporting | Systemic Risk | TransparencyOnline resources: Click here to access online Abstract: Securities settlement systems should have a well-founded, clear and transparent legal basis in the relevant jurisdiction. The laws, regulations, rules and procedures governing the operations and activities of Thailand Securities Depositories (TSD) are public and accessible to participants. In particular, participants receive comprehensive documentation covering the rules, requirements, procedures and instructions of TSD. This documentation is available on request and is accessible on the TSD website. The public authorities' regulations are also available to the general public on the websites of the Ministry of Commerce (MoC), the Securities and Exchange Commission (SEC) and the Bank of Thailand (BOT). It is recommended to implement adequate legal measures that ensure the netting arrangement is legally protected even in the event of the insolvency of a participant.
Securities settlement systems should have a well-founded, clear and transparent legal basis in the relevant jurisdiction. The laws, regulations, rules and procedures governing the operations and activities of Thailand Securities Depositories (TSD) are public and accessible to participants. In particular, participants receive comprehensive documentation covering the rules, requirements, procedures and instructions of TSD. This documentation is available on request and is accessible on the TSD website. The public authorities' regulations are also available to the general public on the websites of the Ministry of Commerce (MoC), the Securities and Exchange Commission (SEC) and the Bank of Thailand (BOT). It is recommended to implement adequate legal measures that ensure the netting arrangement is legally protected even in the event of the insolvency of a participant.
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