Thailand - Assessment of Observance of the CPSS-IOSCO Principals for Financial Market Infrastructures : BAHTNET and TSD

International Monetary Fund ; World Bank

World Bank, Washington, DC

关键词: PAYMENT AND MARKET INFRASTRUCTURE;    FINANCIAL SUPERVISION;    PAYMENT CLEARING;    SETTLEMENT;    LIQUIDITY;   

RP-ID  :  142666

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

This report contains the assessments ofBAHTNET and TSD based on the PFMI. The assessment wasundertaken in the context of the International Monetary Fundand World Bank Financial Sector Assessment Program (FSAP) ofThailand in November 2018. The assessors were GynediSrinivas and Dorothee Delort of the World Bank’s PaymentSystems Development Group. The assessors would like to thankthe Thai counterparts for their excellent cooperation andgenerous hospitality. The objective of the assessment was toidentify potential risks related to the FMIs that may affectfinancial stability. While safe and efficient FMIscontribute to maintaining and promoting financial stabilityand economic growth, they may also concentrate risk. If notproperly managed, FMIs can be sources of financial shocks,such as liquidity dislocations and credit losses, or a majorchannel through which these shocks are transmitted acrossdomestic and international financial markets. The scope ofthe assessment includes two main FMIs as well as theauthorities in Thailand responsible for regulation,supervision, and oversight of FMIs. BAHTNET and TSD areassessed against all relevant principles of the PFMI. Theauthorities, the BOT and the SEC, are assessed using theresponsibilities for authorities of FMIs.