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Public Administration News  
Thailand to Develop Public Offering System for Securities
Source: futuregov.asia
Source Date: Wednesday, December 19, 2012
Focus: Electronic and Mobile Government, Citizen Engagement, Internet Governance
Country: Thailand
Created: Dec 25, 2012

The Securities and Exchange Commission (SEC), Thailand will develop a ‘Public Offering System’ to provide one-stop service for the end-to-end issuance of Equity Instruments, Bonds, and other Financial Instruments.

SEC Director of ICT Department Dr Kumpol Sontanarat said that this system will perform real-time interaction with other regulatory agencies such as Thai Securities Depository (TSD), Thai Bond Market Association (ThaiBMA), and the Bank of Thailand (BOT) via web services to issue identification to particular instruments. It will also promote relevant information pertaining to those instruments and securities on the SEC’s website and on the BOT’s Country Economic Report.

The Public Offering system will be an in-house development project as one of the SEC’s twelve core services, he added.

Apart from this, the SEC will also develop ‘SEC Centerpoint’ for through internal knowledge management, and Business Intelligence to manage and integrate large pools of Thai capital market information from various sources.
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