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Saturday, May 4, 2024

SEC pushes for regional green finance

Demands include sustainable bonds

Ronadol Numnonda, Bank of Thailand deputy governor for financial institution stability, gives a keynote address at the ‘Thailand Taxonomy’ seminar.

The Securities and Exchange Commission (SEC) is working with other Southeast Asian countries to develop green financial products, including sustainability-linked bonds and “Asean Transition” guidelines regarding taxes, according to the Thai regulator.

Speaking on Wednesday at the “Thailand Taxonomy” seminar jointly organised with the Bank of Thailand, Jomkwan Kongsakul, SEC deputy secretary-general, said this work with Asean counterparts is expected to be completed this quarter, supporting Thailand’s efforts to manage…

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