Bangkok--Jun 11--CCMS Throughout the decades of continued growth and expansion of the Thai economy, the government agencies have developed several rules and regulations to sustain high growth and to accomplish the goal of making Thailand a regional financial center. Additionally, the Stock Exchange of Thailand (SET), as one of the major institutions in the Thai capital market, has also developed and improved several areas of its operation in order to achieve its goal of being a regional stock exchange. The government agencies and the SET have recognized the necessity of introducing new hedging instruments to the Thai financial community. Both individual and institutional investors in Thailand and abroad will benefit greatly from derivative products should they apply these tools to hedge their investment risks appropriately with thorough understanding. The existence of derivative instruments in Thailand will also encourage foreign investment into the Thai capital market. As a result, market stability and competitiveness will be increased efficiently. To promote government policies towards the establishment of derivatives markets in Thailand, the Center for Capital Market Studies (CCMS) of the Stock Exchange of Thailand, therefore, organizes an International Conference on "Regulatory Developments on Derivatives in Thailand." The Conference is designed for top government officials and corporate executives in Thailand and abroad. The participants will have an opportunity to exchange their opinions and to network among each other. The Conference objectives are: 1. To enhance the understanding on regulatory frameworks on derivatives markets in Thailand. 2. To provide a forum for scholars and specialists to brainstorm their opinions on related topics. 3. To exchange views and ideas between government and private sectors. 4. To discuss experiences from other countries. ADMINISTRATIVE DETAILS Conference CCMS 1996 International Conference on Title Regulatory Developments on Derivatives in Thailand Date June 22-23, 1996 Venue Royal Cliff Beach Resort, Pattaya, THAILAND Language English will be used throughout the Conference. Registration US$ 321 or Baht 8,025 (VAT 7% included) for 1 Fee delegate All cheques must be made payable to The Stock Exchange of Thailand 2nd Floor Sindhorn Building, 132 Wireless Road, Bangkok 10330, Thailand Registration Fee includes: * Admission to all sessions * Name badge: an entrance to all functions * Conference documents and Conference kits * Meals during the Conference:- 2 luncheons and 3 coffee breaks Enquiries For further information, please contact. Center for Capital Market Studies The Stock Exchange of Thailand 2nd Floor Sindhorn Building, 312 Wireless Road, Bangkok 10330, Thailand Tel: (662) 254-0960-9 ext. 437, 439 Fax: (662) 263-2746-7 1996 CCMS International Conference on Regulatory Developments on Derivatives in Thailand June 22-23, 1996 Royal Cliff Beach Resort Pattaya, Thailand Saturday, June 22, 1996 8:00 - 9:00 Registration 9:00 - 9:30 Welcome Address and Introductory Report by Seri Chintanaseri President, The Stock Exchange of Thailand 9:30 - 10:00 Opening Ceremony and Keynote Address on Government Policies Towards Derivatives Market Development in Thailand 10:00 - 10:15 Break 10:15 - 10:45 Current Status on Developing a Commodities Futures Exchange in Thailand by Sompol Kiatphaibool* Permanent Secretary, Minister of Commerce 10:45 - 11:15 New Developments on Derivatives Instrument Provisions for Financial Institutions by Vijit Supinit Governor, Bank of Thailand 11:15 - 11:45 Regulatory Framework on Establishing a Futures and Options Exchange in Thailand by Pakorn Malakul Na Ayudhaya Secretary-General, Securities and Exchange Commission 11:45 - 13:30 Luncheon 13:30 - 14:30 A Proposal on Short Sales and Securities Lending in Thailand by Chaipat Sahasakul Senior Vice President, The Stock Exchange of Thailand 14:30 - 15:30 Covered Warrants: What are the Benefits and Risks? by - Chalee Chantanayingyong Director, Department of Corporate Finance The Office of Securities and Exchange Commission - David Roden Managing Director, BZW Securities 15:30 - 15:45 Break 15:45 - 16:45 Index Warrants: A Speculative or Hedging Instrument by - Wuttipan Tawarangkoon Vice President, Research & Development Department The Stock Exchange of Thailand - Julian Bell Vice President, Financial Strategies Group Morgan Stanley Asia Limited Sunday, June 23, 1996 9:00 - 10:15 Workshop on "International Comparison on Tax Treatment for Short Sales and Securities Lending by Michael Lovejoy Vice President, Lehman brothers Asia Holding Limited 10:15 - 10:30 Break 10:30 - 12:00 Workshop on Investment Strategies Using Covered Warrants and Index Warrants by Frank McKirgen Derivatives/Futures Sales Director, HG Asia Limited (Hong Kong) 12:00 - 14:00 Luncheon End