The Securities and Exchange Commission in Thailand is increasing its supervision of high-yield bonds following recent defaults and a major accounting scandal.
- The Securities and Exchange Commission in Thailand is increasing supervision of high-yield bonds to enhance payment security and investor confidence following recent defaults and a major accounting scandal.
- The SEC is now proactively reaching out to companies at the first sign of potential payment issues and plans to implement stricter monitoring and disclosure requirements for low-rated or unrated bond issuers.
- The decline in high-yield corporate bond sales in Thailand, driven by concerns over rising defaults, has prompted the SEC to tighten monitoring efforts and take steps to prevent further surprises in the market.
The SEC will pay more attention to bonds of companies with no credit rating or low grades, requiring more…
