Bangkok Post – Thai SEC tightens high-yield bond oversight after defaults, Stark scandal

January 22, 2024

PUBLISHED : 22 Jan 2024 at 15:01

FILE PHOTO: Stark shareholders file a complaint with the Department of Special Investigations on July 6, 2023, a case believed to have contributed to a drop in demand for corporate high-yield bonds. (Photo supplied)

Thailand’s Securities and Exchange Commission (SEC) is stepping up supervision of high-yield bonds to boost payment safeguards and investor confidence after several recent defaults and a major accounting scandal rocked the market for speculative debt, a…