THE SETTLEMENT MECHANISM : Thailand   Who provides a central securities settlement system? Thailand Securities Depository Company Limited (TSD) provides a central securities settlement system. Which of the Bank for International Settlements' models is the closest match to the mechanism for linking delivery and settlement in the securities settlement system?ÿ Specify whether all or some instruments settle in this way. All types of securities deposited in the Securities Depository System (common shares, debentures, warrants, etc.): BIS model 3 Key features which distinguish the settlement mechanism from the BIS model It is not a real DVP since fund settlement is still in the form of physical cheque. This page is sponsored by: More about Thailand Securities Depository Company Limited (TSD) Responsibility for accuracy of the above information rests solely with the named sponsor.  All information at globalcustody.net is written as a general guide, so it is recommended that specific professional advice is sought before any action is taken.   TOP