Bangkok: The Stock Exchange of Thailand (SET) is optimistic about the government’s ability to eliminate the capital market law within the next four months. This confidence is part of an ongoing effort to enhance trust through the seizure of assets in stock manipulation cases.
According to Thai News Agency, the SET is actively working alongside the Anti-Money Laundering Office (AMLO) and the Department of Special Investigation (DSI) to ensure the implementation of capital market legislation. The TISA is anticipated to be launched early next year, with a focus on leveraging innovation to engage new-generation investors. The current SET ESG Ratings are set to expire this year.
Mr. Asadej Kongsiri, President and Director of the SET, emphasized the importance of media involvement in spreading financial literacy during the “Investment Literacy 2025” training course. He highlighted the role of the SET in ensuring investor confidence, particularly in the context of increasing cyber threats. Kongsiri urged the public to understand the true function of the SET, focusing on the security and integrity of trading practices.
Professor Emeritus Kitipong Urapipatanapong, Chairman of the SET, elaborated on the regulatory measures being taken to address stock price manipulation. He noted that securities-related offenses are fundamental, and collaboration with relevant agencies is crucial for investor protection. Strict enforcement of laws against auditors and the use of AI to identify irregularities are part of these efforts. He called for responsible media practices to prevent the dissemination of false information.
Regarding the legal guillotine, discussions with the Prime Minister have led to the formation of a committee headed by Deputy Prime Minister Bowornsak Uwanno. The committee is expected to finalize its work within four months, with the involvement of various ministries. The implementation of the TISA is planned for early 2026, pending further discussions on tax-related details.
SET executives also discussed the launch and success of Leveraged and Inverse ETFs (L and I ETFs), with significant trading volumes and plans to introduce DRs referencing these ETFs by early 2026. The SET is also focused on developing new investment tools and platforms to cater to the new generation of investors, such as the Aomwise app and the Option Wozard.
Ms. Rattawalee Anantananon, Assistant Managing Director of the Sustainable Business Development Group, mentioned that SET will transition to the FTSE Russell international standard in 2026 after concluding its ESG Ratings assessment in 2025. These ratings will influence investments in Thai ESG funds in the coming year.