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Weak profitability in Thailands securities sector is likely to lead to greater impetus for consolidation, particularly for smaller independent companies that have weaker franchises, Fitch Ratings says in a new report. Profitability in the sector in
The Ministry of Finance has proposed reducing by 10% to 50% of fees and charges in the securities sector, fees for appraisal of licenses for international travel service business, and for issuance of citizen identification cards from July 1 to December 31, 2023.
To encourage innovative financial technology (fintech) in the Kingdom’s securities sector, the Securities and Exchange Regulator of Cambodia (SERC) has created the FinTech Regulatory Sandbox.
The Securities and Exchange Regulator of Cambodia (SERC) entered into a memorandum of understanding (MoU) with Cambo Trust Plc to “enhance the implementation of the FinTech Regulatory Sandbox in the securities sector”. The MoU was signed on December 8 between SERC director-general Sou Socheat and Cambo Trust CEO Chan Sophy, at an accompanying ceremony.
The Securities and Exchange Regulator of Cambodia (SERC) has joined forces with Shenzhen-based think tank China Development Institute (CDI) and Cayman Islands-headquartered cryptocurrency light-contract platform provider MoonXBT Global Ltd to enhance human resource development in the securities sector and create new digital assets and other financial instruments.