Monday April 6 2020

News Source: Global Exchanges

Focus: Stock Exchange Regulation

Type: General

Country: Thailand

Link: https://bit.ly/2JJ4wQI




The Securities & Exchange Commission of Thailand (SEC) proposed amendments to repurchase or reverse repurchase agreement (Repo) regulation with a view to extend asset classes for repo transaction between securities companies and non-institutional investors.

Currently, securities companies are allowed to conduct repo transactions of government debt instruments and investment grade debt instruments with non-institutional investors.

The amendments will extend the asset classes for securities companies to conduct repo transactions of

  • listed securities and
  • investment units of an open-ended fund with daily redemption feature and excluding funds with transferrable restriction with such investors.

In addition, securities companies must comply with the condition as specified by the rules.

Click on the above link for further information.