Other services - Thailand
Securities lending and borrowing
No Thai securities are eligible for CBL’s securities lending and borrowing programme.
Please refer to the Disclosure Requirements - Thailand.
It is the responsibility of the CBL customer to ensure compliance with local disclosure requirements. If they are not met, the customer will be liable to any penalties arising. Customers may wish to seek independent legal advice on the interpretation of all Thai disclosure requirements.
Please refer to the Taxation section of the Market Profile - Thailand.
Restrictions on Thai citizens
There is no explicit regulation that restricts local Thai citizens from safekeeping Thai securities with a foreign institution. However, Thai citizens should note that THB cash proceeds attained from sales or corporate action events on these securities cannot be transferred from the foreign institution's NRBS account to their resident account as this type of transaction is not allowed by the Bank of Thailand.