Other Asia Pacific

Market Infrastructure

BOT to Continue THBFIX Publication until Mid-2023

By Editors | 18/03/2021

Banks should not undertake transactions using THBFIX from 1 July 2021 onwards. The BOT has started publishing fallback rates for THBFIX.

Capital / Liquidity

SEC Thailand Proposes Measures to Protect Funds from Panic Selling

By Editors | 18/03/2021

The SEC is considering imposing conditions for investors seeking to redeem mutual fund units, among other measures to enhance liquidity management at funds.

Fintech / Regtech

BOT Warns Against THB-Denominated Stablecoin

By Sanday Chongo Kabange | 18/03/2021

A stablecoin denominated in Thai baht has been developed overseas. Any activity involving the stablecoin is deemed illegal.

Securities / Derivatives

PSE Proposes Tighter Rules for Listings via Reverse Takeover

By Editors | 17/03/2021

Companies will be required to conduct a public offering of at least 10 percent of their shares within one year from closing a transaction that results in a backdoor listing.

Capital / Liquidity

Thai Banks Announce Lower Dividends Amid Declining Profitability

By Editors | 17/03/2021

The dividend announcements are in line with the central bank’s requirements for banks to limit payouts to 50 percent of 2020 net profit.

Securities / Derivatives

SEC Thailand Introduces New Securities Licence Types

By Editors | 17/03/2021

The two new licences are for firms that serve as intermediaries only for equity instruments, and for firms managing private funds.

Securities / Derivatives

PSE Proposes Alternative Listing Option for Businesses

By Sanday Chongo Kabange | 17/03/2021

The new rule will allow businesses to raise funds on the exchange by listing their preferred shares without listing their common shares.

Securities / Derivatives

ASEAN Capital Markets Forum Endorses Action Plan for 2021-2025

By Editors | 16/03/2021

The action plan focuses on the objectives of fostering growth with sustainability; promoting inclusiveness; and strengthening orderliness and resilience.

Fintech / Regtech

Bangladesh Cabinet Approves Bill on Payments Supervision

By Editors | 13/03/2021

The bill is aimed at providing additional safeguards against fraud, allowing Bangladesh Bank to monitor all electronic payments and penalise violations.