Disclosures should be made through the SET’s online portal, company websites, annual registration statements and annual reports.
Banks are instructed to quickly register and then dispose of non-banking assets put up as collateral in the event of a borrower default.
The SEC said the information contained in prospectuses and factsheets is repetitive and redundant, making it difficult for investors to digest the information.
The new office will simplify capital raising, streamline registration processes, and promote SME-friendly underwriting and advisory programmes at FIs.
The average NPL ratio at Thai banks will likely rise to 6% next year, the highest level since the 2009 GFC, S&P Global Ratings says.
Payment system operators including banks and electronic money issuers have six months to comply with the requirements.
The SEC has warned against dealing with unlicensed forex brokers, crypto exchanges, and DeFi platforms among others.
The central bank will coordinating with government departments and agencies to develop a decree to enable the sandbox.
The seventh and final digital bank is likely to be an existing bank applying to convert into a digital bank, but approval has been delayed.
The Canadian derivatives exchange said it is syncing its trading hours with APAC markets to support growing investor demand.
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