This article provides an overview of the regulatory framework in Thailand for the banking and securities sectors. The following subjects are discussed in detail:

• The Bank of Thailand: Responsibilities
• Forms of Financial Institutions: Types of banking/financial institutions
• Financial Sector Master Plan – Phase I and II: Goals and the Deposit Protection Agency
• Foreign Exchange Regulations: Foreign currencies, local currency, non-resident Baht accounts, exports, imports, services, foreign investments, and reporting
• Banking Secrecy: Penalties for unlawful disclosure and exceptions
• Outsourcing: Restrictions and conditions
• Anti-Money Laundering: Role of the Anti-Money Laundering Office and requirements
• The Securities and Exchange Commission: Responsibilities
• Securities Exchange: The Stock Exchange of Thailand
• Clearing House and Securities Depository Centre: Trading transactions clearance time, the Thailand Securities Depository Company, and the Thailand Clearing House
• Securities Regulations: The Securities and Exchange Act and the Derivatives Act
• Securities Issuance: Equity and hybrid instruments
• Substantial Shareholding/Business Takeover: Regulations, acquisition and disposition reports, and tenders
• Securities Businesses: Applicable businesses and requirements
• Investment by Foreigners in the SET: Steps for foreigners to invest in listed Thai securities

This article was published by Complinet Complete (Thomas Reuters Accelus).