Cover IMF Staff Country Reports
Buy Book in Print
Thailand: Financial Sector Assessment Program: Detailed Assessment of Observance of Thailand Securities Depository (TSD) of the CPSS/IOSCO Recommendations for Securities Settlement Systems
Author:
International Monetary Fund
Search for other papers by International Monetary Fund in
Current site
Google Scholar Close
Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2009: Issue 150
Language:
English
Publication Date:
15 May 2009
DOI:
https://doi.org/10.5089/9781451836899.002
ISBN:
9781451836899
ISSN:
1934-7685
Pages:
28
Keywords:
ISCR; CR; risk management; settlement process; TSD regulation; securities lending; book entry; TSD system; way finality; TSD rule; TSD settlement fee; legal power; TSD service level; Securities; Securities settlement systems; Central counterparty clearing house; Central securities depositories; Trade balance; Global
Download PDF (1.8 MB) Download Epub
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).
  • Collapse
  • Expand
Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund