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SEC Monitors Capital Market Infrastructure Risks

SEC Monitors Capital Market Infrastructure Risks

MGR Online•Economy•49m ago

Reader Briefing

The Securities and Exchange Commission is monitoring risks to the capital market after a service provider system failure.

  • •The Securities and Exchange Commission (SEC) is monitoring risks to service systems in the capital market.
  • •The issue was caused by a failure in a service provider's system rather than price mechanisms or market volatility.
  • •The SEC has coordinated with the Stock Exchange of Thailand and regulated business operators.
  • •Core trading systems and regulated business operations remain functional and open to customers.

Overview

  • •The risk emerged from a malfunction in a service provider's system, which acts as a connection point in the technology supply chain.
  • •The Securities and Exchange Commission (SEC) is coordinating with the Stock Exchange of Thailand and regulated business operators to assess impacts.
  • •The Securities and Exchange Commission (SEC) confirms that the main trading system and regulated business services are operating normally.
  • •Many financial institutions and securities companies currently rely on external providers for infrastructure, communication networks, and cloud services.
  • •The Securities and Exchange Commission (SEC) warns that ambiguity regarding trade orders or account data could lead to investor panic and liquidity issues.
  • •The Securities and Exchange Commission (SEC) advises investors to follow news directly through their specific business operators to avoid confusion.
  • •The Securities and Exchange Commission (SEC) has provided contact channels via telephone 1207, Facebook, and SEC Live Chat for investor inquiries.

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Key Entities

Organization

Securities and Exchange Commission(สำนักงานคณะกรรมการกำกับหลักทรัพย์และตลาดหลักทรัพย์)ℹ️
The regulatory body monitoring service system risks in the capital market.
SEC(ก.ล.ต.)
The regulatory body monitoring service system risks in the capital market.
Stock Exchange of Thailand(ตลาดหลักทรัพย์แห่งประเทศไทย)ℹ️
The entity the SEC is coordinating with to assess impacts of the service provider outage.