SEC Thailand Targets Recovery Objective in New Strategic Plan

The plan includes a ‘recovery and strengthening’ objective, and measures to support the use of liquidity enhancement tools for businesses affected by Covid-19.

Thailand’s SEC (Securities and Exchange Commission) has unveiled its 2021-2023 strategic plan, which focuses on eight key strategies to achieve five goals for strengthening the Thai capital market.

The five goals are recovery and strengthening, sustainability, accessibility, competitiveness and connectivity, and trust and confidence of the Thai capital market. The plan maintains the four goals and seven key strategies from the 2020-2022 strategic plan, while adding the goal of “recovery and strengthening”.

The strategic plan also includes an “ad-hoc master plan”, which is intended to ensure that capital market regulations do not pose a barrier to the SEC’s ability to provide liquidity for…