SEC Strategic Plan 2020 - 2022
The Securities and Exchange Commission, Thailand (“SEC"), as a public agency established under the Securities and Exchange Act B.E. 2535 (1992) with the mandate to supervise and develop the Thai capital market, has completed the strategic plan for the year 2020 – 2022 by taking into consideration the changing dynamic and the involvement of SEC Board, Capital Market Supervisory Board, executives and employees of SEC as well as stakeholders in the capital market. The SEC strategic plan has been developed to align with the objectives of the 20-Year National Strategy (2018 - 2037) and its Master Plan, the 12th National Economic and Social Development Plan (2017 - 2021), the policy statement of the Council of Ministers (25 July 2019), and the 3rd Capital Market Development Plan (2017 - 2021). The strategic plan aims to achieve four goals as follows:
A. Sustainable Capital Market
Capital market provides a mechanism for companies to embed ESG issues into their business operation and disclose information based on standards. This will drive capital allocation to economic activities considering social, environmental, and governance aspects.
B. Financial Inclusion, Reduction of Inequality
Capital market helps to reduce the country's inequality issue and create financial inclusion.
The public can utilize capital market as a source of long-term investments for retirement and SMEs can have access to appropriate and sustainable sources of fund.
C. Competitiveness, Connectivity and Digital Technology
Capital market provides an environment enabling market participants to compete on a level playing field, to develop international connectivity and to leverage digital technology to enhance business operation. Capital market infrastructure is also developed to enhance efficiency and transparency and to reduce operating costs of market participants while capital market supervision is fair, reliable and responsive to cyber resilience.
D. Trust and Confidence
Investors' trust and confidence in the capital market can be built and retained by SEC's ability to prevent, deter and take legal action against emerging misconducts. SEC is also able to assess systemic risks promptly to prevent damage and limit risk contagious effects on investors, intermediaries and capital market infrastructure.