Thailand: Financial Sector Assessment Program: Detailed Assessment of Observance of Thailand Securities Depository (TSD) of the CPSS/IOSCO Recommendations for Securities Settlement Systems

May 15, 2009

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Thailand: Financial Sector Assessment Program: Detailed Assessment of Observance of Thailand Securities Depository (TSD) of the CPSS/IOSCO Recommendations for Securities Settlement Systems, (USA: International Monetary Fund, 2009) accessed December 21, 2024

Summary

This paper discusses the assessment of observance of Thailand Securities Depository (TSD) of the Committee of Payments and Settlement Systems (CPSS)/International Organization of Securities Commissions (IOSCO) recommendations for securities settlement systems for Thailand. On the basis of the assessment, it is recommended that securities settlement systems should have a well-founded, clear, and transparent legal basis in the relevant jurisdiction. Confirmation of trades between market participants should occur as soon as possible after trade execution, but no later than the trade date (T+0).

Subject: Central counterparty clearing house, Central securities depositories, Financial institutions, Financial markets, International trade, Securities, Securities settlement systems, Trade balance

Keywords: Book entry, Central counterparty clearing house, Central securities depositories, CR, Global, ISCR, Legal power, Risk management, Securities, Securities lending, Securities settlement systems, Settlement process, Trade balance, TSD regulation, TSD rule, TSD service level, TSD settlement fee, TSD system, Way finality

Publication Details

Pages:

28
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2009/150
Stock No:

1THAEA2009004
ISBN:

9781451836899
ISSN:

1934-7685

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