The Stock Exchange of Thailand (SET) has created digital tools to help listed companies to better understand key rules and regulation through the initiative “Smart Disclosure Program”. The program is available on www.set.or.th and SETLink system. It uses motion graphics to simplify complicated regulation, making it comprehensive so that listed companies can apply it to their operations.
Executive Vice President, Paveena Sriphothong, stated that SET is committed to keep improving the quality of listed companies. There is a motion graphic format included in the “Smart Disclosure Program” that explains in simple ways complex and important rules and regulations all listed companies need to know such as information disclosure, listing status maintenance criteria, significant transactions, executive interview guidance.
The tool is based on Single application concept and centralizes information in an easy to understand way. The tool aims to improve listed companies’ capabilities to disclose information, as well as to provide end-to-end process for registrar services.
SET has also distributed “Disclosure Checklists”, information disclosure guidelines for listed companies to make public their information accurately and completely.
SET announced in January its plans to enhance the process and expand business in line with a three-year strategic framework (2020-2022), which prioritizes raising work efficiency and creating partnership platform to drive inclusive growth.
In November last year, SEC also launched interbank payment system for securities transactions. The exchange’s aim was to scale up its capital market payment service by allowing securities trading payment between accounts at different banks.