Thailand: Financial Sector Assessment Program: Detailed Assessment of Observance of Thailand Securities Depository (TSD) of the CPSS/IOSCO Recommendations for Securities Settlement Systems
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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).
Series:
Country Report No. 2009/150
Subject:
Central counterparty clearing house Central securities depositories Financial institutions Financial markets International trade Securities Securities settlement systems Trade balance
English
Publication Date:
May 15, 2009
ISBN/ISSN:
9781451836899/1934-7685
Stock No:
1THAEA2009004
Pages:
28
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