About TFIIC / Roles & Responsibilities
3/29/2024 3:47:07 AM

    Presently, Thailand’s financial securities market is becoming more important in the economy as an alternative source of fund other than financial institutes. This can be seen from debt and equity securities outlay at market prices 180% of GDP in 2009 which increased 3 folds when comparing with 60% in 2000. Hence, complete data of financial instruments will be beneficial for every sector as followings.

    Firstly , an establishment of the TFIIC will help providing instrument details, such as issuers, holders, and trading markets and credit rating. The above components are essential for monitoring domestic financial institutions, risks in securities investment, tracking transactions, especially OTC, conducted by a shadow banking system of which the transactional value has become significant. The TFIIC will support a transparency in financial instrument trading data dissemination.

     Secondly, the TFIIC will also provide aggregated data, which is suitable for a broader analysis. The data perspective shows overall pictures of economic sources and uses of funds both on-shore and off-shore; classifications including market type, residency, issuers’ and holders’, institutional sectors. All these information will help policy maker, such as tracking the capital movement, which may cause foreign exchange fluctuation, tracking investors’ behavior, and evaluating different kinds of risks, i.e. credit, market, liquidity, and concentration, so that they can decide appropriate response policies for affected economic sectors.

     Thirdly, the centralization of financial instrument data will enhance data management efficiency. It helps reducing burdens of data providers in providing similar data to various supervisory organizations. It also supports financial instrument market supervisor with consistent and superior data.

     Last but not least, the TFIIC will also support market participants to be able to analyze fundamental data for more accurate and quicker decision making.

    Source: Copy from “the BOT governor’s speech on Dec 21st, 2010, signing the memorandum of understanding on the establishment of the TFIIC”

Quick Search
Search by: