The Stock Exchange of Thailand (SET) hosts the 34th General Assembly of the Asian and Oceanian Stock Exchanges Federation (AOSEF) in Bangkok, Thailand from March 24-26, 2016, reinforcing SET’s key role in the global arena and its internalization mission.
The 62 top executives from 14 members, including CEOs of exchanges from Malaysia, the Philippines, Vietnam, Japan, Korea, and Taiwan gathered together for the assembly. In addition, CEO of The World Federation of Exchanges (WFE) joined to organize the first WFE capacity building, held in conjunction with the AOSEF for a discussion on MiFID II, an international capital market regulation, to increase competitiveness for capital markets in the region. The general assembly was also honored by a keynote speech delivered by Thailand’s Office of the Prime Minister Vice Minister Kobsak Pootrakool, highlighting the Thai government’s policy to drive the Thai economy towards new growth paradigm.
SET President Kesara Manchusree stated, “With a key theme of sustainable development, SET shared our experiences of becoming the first exchange in ASEAN to join the UN Sustainable Stock Exchanges Initiative (UN SSE Initiative) in 2014. Many interesting topics are lined up including bond market development through the exchange trading system and foreign currency bond; as well as enhancing capabilities of small- and medium-sized enterprises (SMEs) and the Fintech businesses with fast-growing business models in many countries.”
AOSEF meets annually, hosted by each member in rotation. The key objective is to exchange viewpoints on capital market development and direction to drive economic growth among Asian and Oceanian countries.
Prior to this general assembly, SET has recently organized the 24th ASEAN CEOs Meeting in Bangkok on March 24, 2016, participated by seven CEOs of exchanges from six countries to share their views on capital market development in the region, addressing cross collaboration and co-hosting roadshows. In addition, SET plans to cooperate with the world’s leading exchanges and organizations to further reach out to global investors.