SEC Joins Toronto Centre Executive Panel on Financial Resilience

MGR Online•Economy•5d ago

Reader Briefing

The SEC Secretary participated in a Toronto Centre Executive Panel to discuss building resilient financial systems amid technological and geopolitical pressures.

•Professor Dr. Pornanong Busaratrakul, Secretary-General of the SEC, joined a panel with representatives from the IMF, World Bank, and Toronto Centre.
•The discussion focused on how technology and financial connectivity accelerate the spread of risks across sectors and borders.
•The SEC emphasizes adaptive and collaborative supervision and the balance between investor protection and innovation.
•The SEC promotes international cooperation through IOSCO APRC and ASEAN ACMF to manage cross-border risks.

Overview

•Professor Dr. Pornanong Busaratrakul, Secretary-General of the SEC, participated in the Toronto Centre Executive Panel titled “Under Pressure: Building Resilient Financial Systems in a Fragmenting World”.
•Professor Dr. Pornanong Busaratrakul discussed how technology, geopolitics, and market connectivity cause existing risks to spread in new forms.
•Professor Dr. Pornanong Busaratrakul stated that handling these risks requires a focus on resilience in terms of system continuity and the ability to prevent damage from spreading.
•The SEC employs an adaptive and collaborative supervision approach, balancing investor protection with the support of innovation.
•The SEC engages with business sectors in early stages to understand new technologies and business models.
•Professor Dr. Pornanong Busaratrakul noted that while tokenization can reduce costs and increase efficiency, the benefits are currently limited by low usage and high initial costs.
•The SEC aligns its supervision with international standards while adapting them to the Thai market context and using data and technology.
•The SEC promotes cooperation with IOSCO APRC and ASEAN ACMF to address cross-border risks and support sustainable capital market development.

Full article content is available on the original source.

Read on MGR Online (Thai Version)View in Google Translate

Source: MGR Online (Original)

View Original Article

Key Entities

Person

Pornanong Busaratrakul(พรอนงค์ บุษราตระกูล)

Secretary-General of the SEC who participated in the Toronto Centre Executive Panel.

Organization

Securities and Exchange Commission(สำนักงานคณะกรรมการกำกับหลักทรัพย์และตลาดหลักทรัพย์)ℹ️

The regulator (SEC) focusing on adaptive supervision and international cooperation for capital market development.

SEC(ก.ล.ต.)

Abbreviation for the Securities and Exchange Commission.

IMFℹ️

An organization whose representative participated in the Toronto Centre Executive Panel.

World Bankℹ️

An organization whose representative participated in the Toronto Centre Executive Panel.

Toronto Centre

An organization that hosted the Executive Panel and provided a representative for the discussion.

IOSCO APRC

An international body the SEC cooperates with to handle cross-border risks.

ASEAN ACMF

A regional body the SEC cooperates with to handle cross-border risks.