Post by account_disabled on Dec 30, 2023 14:20:52 GMT 3.5
By Ms. Chomkwan Kongsakul, CFA CAIA Assistant Secretary-General Office of the Securities and Exchange Commission (SEC) Spokesperson team and debt instrument department Before 2017, businesses raised funds on a large scale through issuing and offering short-term bills. Instead, they invest money in long-term projects (maturity mismatch) and renew instruments (rollover). Meanwhile, intermediaries providing debt instrument sales services lack proper advice to investors. Including the default of debt payments by some issuers with a total value of approximately 15,033 million baht, accounting for 0.4% of the outstanding value at the end of June 2017.
The SEC has therefore revised C Level Executive List the announcement By Ms. Chomkwan Kongsakul, CFA CAIA Assistant Secretary-General Office of the Securities and Exchange Commission (SEC) Spokesperson team and debt instrument department Before 2017, businesses raised funds on a large scale through issuing and offering short-term bills. Instead, they invest money in long-term projects (maturity mismatch) and renew instruments (rollover). Meanwhile, intermediaries providing debt instrument sales services lack proper advice to investors. Including the default of debt payments by some issuers with a total value of approximately 15,033 million baht, accounting for 0.4% of the outstanding value at the end of June 2017. The SEC has therefore revised the announcement to limit the issuance and offering of bills to raise funds on a large scale.
Separate supervision of large investors from institutional investors to protect large investors from receiving advice. and more important information to support investment decisions Including increasing the standards of work of intermediaries. Debt issuance agencies must screen products and clearly separate them from sales agencies. Meanwhile, sellers must understand the characteristics and risks of debt securities in order to give appropriate advice to customers. which has been effective since April 2018 From amending the said rules As a result, fundraising by bills (unrated BE) decreased significantly, with a value at the end of 2016 of 133,736 million baht, while at the end of September 2019 the value was 30,466 million baht. The issuance of debt instruments by companies in the unrated and non- Investment grade (risky debt instruments) continues to decline.
The SEC has therefore revised C Level Executive List the announcement By Ms. Chomkwan Kongsakul, CFA CAIA Assistant Secretary-General Office of the Securities and Exchange Commission (SEC) Spokesperson team and debt instrument department Before 2017, businesses raised funds on a large scale through issuing and offering short-term bills. Instead, they invest money in long-term projects (maturity mismatch) and renew instruments (rollover). Meanwhile, intermediaries providing debt instrument sales services lack proper advice to investors. Including the default of debt payments by some issuers with a total value of approximately 15,033 million baht, accounting for 0.4% of the outstanding value at the end of June 2017. The SEC has therefore revised the announcement to limit the issuance and offering of bills to raise funds on a large scale.
Separate supervision of large investors from institutional investors to protect large investors from receiving advice. and more important information to support investment decisions Including increasing the standards of work of intermediaries. Debt issuance agencies must screen products and clearly separate them from sales agencies. Meanwhile, sellers must understand the characteristics and risks of debt securities in order to give appropriate advice to customers. which has been effective since April 2018 From amending the said rules As a result, fundraising by bills (unrated BE) decreased significantly, with a value at the end of 2016 of 133,736 million baht, while at the end of September 2019 the value was 30,466 million baht. The issuance of debt instruments by companies in the unrated and non- Investment grade (risky debt instruments) continues to decline.