Sign In
SEC News

Thai capital market embraces financial innovation to promote fund mobilization and investment



Friday 25 September 2015 | No. 104 / 2015


Bangkok, September 25, 2015 ? The SEC aims to promote the use of technology to provide more access to the capital market for fund mobilizers and investors through crowdfunding and automated investment advice service. Tipsuda Thavaramara, SEC Deputy Secretary-General said that capital market regulators around the world are now embracing technological advancement to enhance efficiency and provide better access to the markets. The introduction of new platform and services inevitably put pressure on traditional business operators to compete with new wave of competitors in financial services. In response to such change, the SEC closely monitors mega trends in international markets and aims to ensure the Thai capital market regulatory framework does not impede new developments. Equity-based crowdfunding framework which launched last May is now gaining interests from various parties. In addition, the SEC is looking at the possibility to allow automated portfolio management advice, also known as robo-advisor, service to be offered to investors next year. Robo-advisor has gained popularities in many foreign capital markets as it offers investors ability to obtain lower cost investment advice without the use of human financial planner. While embracing financial innovation, the SEC still put highest emphasis to ensure sufficient level of investor protection in the Thai capital market.