SEC readies DLT development plan for CMDF boardThe Securities and Exchange Commission (SEC) plans to present its development plan on distributed ledger technology (DLT) next week, then convey information to the Capital Market Development Fund (CMDF) board next month to seek project financing. The SEC has appointed Accenture as technology consultant and Baker & McKenzie as legal consultant for its DLT development plan. As DLT investment requires a huge investment sum, the SEC plans to request funding from the CMDF. The DLT development plan was initiated in June and the project will be implemented through different phases to develop capital market instruments, said Mr Ruenvadee. "The SEC has set up a committee to oversee the DLT project to drive the whole capital market in the same direction," she said.

Source: Bangkok Post November 11, 2019 23:54 UTC