Securities settlement systems should have a well-founded, clear and transparent legal basis in the relevant jurisdiction. The laws, regulations, rules and procedures governing the operations and activities of Thailand Securities Depositories (TSD) are public and accessible to participants. In...

"The technological dependency of securities exchanges on internet-based (IP) platforms has dramatically increased the industry's exposure to reputation, market, and operational risks. In addition, the convergence of several innovations in the market are adding stress to these systems. These...

Die vorliegende Studie wurde im Forschungsbereich "Öffentlicher Sektor" des ifo Institutes in Zusammenarbeit mit Prof. Dr. Bernd Huber von der LMU München sowie Dr. Karl Lichtblau vom Institut der deutschen Wirtschaft erstellt und im Januar 2001 abgeschlossen. Gegenstand der Studie ist die...