??????????????????????????????? ??? SFIs (??.?????????)

1
??????????????????????????????????????????????
??. ??????? ?????????????????????????????????????
????????????????????????????? ??????????????
2 ??????? 2550
2
???????????????

• ?????????????????????????????????????
• ????????????????????????????????????????
• ?????????????????????????????????
  ???????????????????
• ????????????????????????????????????????

3
1. ?????????????????????????????????????
4
?????????????????? ???. ??????????
?????????? ???.
??????????????????? (??????)

• ???????????????????

• ??????????????????????

• ???????????????????

• ????????????????????????????

• ????????????????????????? ?????????????

• ????????????????????? (????????????????)

• ???????????????????????

• ???????????????????????

5
?????????????????????????????????? ??? ???.
?????????????? ??? ???.??.
???.

• ???????? ???. ???????????? SFIs
• ????????? ??. ???????? ???. ??????????????????????
  ? Non-bank
• ??????????????????????????????? ???.
• ???????? ???. ????????????????????????????????????
  ??????
• ??????????????????? ??. ????????????????
• ???????????????? ???. ????????????????????????????
  ??????????????

• ?????????????????? ???????????????????????? ????
  ????????????????????? ?????????????? ???.
  ???????????????????????????
• ????????????????????????????? ????
  ????????????????????????????
• ?????????????????????? ???? ?????????? ???
  ?????????????????????????????
• ????????????????????????? ??. ??? ??.
• ????????????????????????????
• ???????????????????
• ??????????????????????????????

• ????????? ???. ?????????
• ???? ???????????????????????/????????????????
  ????????????? ?????????? ???.
• ????????????????? ?????? ???.??.
  ???.??????????????? ??. ??. ??. ???.???????
  ???.??????????????????????? ???????
• ???? ??????????/?????????????????????????????????
  ??????? ??. ??.
  - ???? ? ??????
  ??????????????????????????????????????????????????
  ???? ???? ???.?????????????????????
  ??? ???.????????????????????????

• ?????????????????? ???.
• ???????????????????????????????
• ??????????????????????????????? ??? SFIs
  (??.?????????)
• ??????????????????????????????? ???.??.
  ????????????????? ??. ???? ???????????????????????
  ?????????/???????/??????????
  ??????/????????? ?????????????????????????????????
  ??? ???. ?????????????????????????????????????????
  ????????? ??. ???????? ???????????????????????????
  ???????????????????? ??.
• ???????????????????????????????????? ???.??.
  ????????????????????? ???? ???.???????????????????
  ???????? ???.???. ???.???.
• ??????? ???.??. ??????????????????????????????????
  ?????? ????????????????? ?????????????????
• ?????????????????????????????????? ??. ???????

6
?????????????????????????????? ???.

• ??????????????????????? ?????????
  ?????????????????????????????? ???.

• ??????? 2540

• ???????????????????????????? ???. ?????????

• ?????????????????????????????????
  (??????????????????)

• ?????????????????????????????? ???.
  ??????????????? 2540 ?????????????????????????????
  ???? ?????? 5 ??????????? ???????????????

• ?????????????????????????????? ???.
  ??????????????????????????????????????????????????
  ? (??????????????? 30)

7
2. ????????????????????????????????????????
8
????????????????????????????????????????

• ?????????????????????????????????????????????????
  ?????????????????????????????????????
• ?????????????????????????????????????????????????
  ??????????
• ?? 105 ??????????????????????????????????????????
  ????? 3 ?????? ??????
• - ??????????????????????? (Fully Integrated) ??
  39 ?????? ????????????????????????
• 9 ?????? ???????????????????? 30 ??????
• - ??????????????????????????? (Partially
  Integrated) ?? 23 ?????? ???????????????
  ????????? 9 ?????? / ???????????????? 5 ?????? /
  ??????????????????? 9 ??????
• - ??????????????????????????? ???
  ??????????????????????????????? ?????? ???
  ????????????????????? ?? 43 ??????
• ????????? 1980 ?????????????????????????????????
  ??????????????????? (Fully Integrated)
  ????????????
• ??? 4 ?????? ???? 39 ?????????? 2005
• ?? 160 ?????? ???????? Supervisors of Banks
  ??????????????????? 104 ?????? ??????????
• ???????????? 56 ??????

9
???????????? ???????? ????????????????????????????
???? I
?????? ????????????
?????????? Main responsibility is monetary policy, with the objective of achieving low and stable inflation over the medium term. Other major roles are maintaining financial stability and promoting the safety and efficiency of the payments system. Manages foreign reserves, issues currency notes and serves as banker to the Government.
?????? To maintain price stability and, subject to that, to support the economic policy of the government.
?????????? Monetary Policy Formulate and implement monetary policy directed to the economic objective of achieving and maintaining stability in the general level of prices. Other functions Lender of last resorts, Settlement account services, financial sector policy advice, government bank business, securities registry services
???????? (a) to act as banker to, and financial agent of, the Government (b) to promote, within the context of the general economic policy of the Government, monetary stability and credit and exchange conditions conducive to the growth of the economy (c) to foster a sound and progressive financial services sector to issue currency notes and coins
??????? To issue banknotes and to carry out currency and monetary control. Moreover, to ensure smooth settlement of funds among banks and other financial institutions, thereby contributing to the maintenance of an orderly financial system
????????? The primary purpose is the pursuit of price stability. The Bank performs the typical functions of a central bank, issuing banknotes and coins, formulating and implementing monetary and credit policy, serving as the bankers' bank and the government's bank. In addition, the Bank of Korea undertakes the operation and management of payment/settlement systems, and manages the nation's foreign exchange reserves.
10
???????????? ???????? ????????????????????????????
???? II
?????? ????????????
?????? To promote Canadas economic and financial welfare of Canada. The operations are grouped into four main functions monetary policy, currency, the financial system, and funds management.
???????????? - conducting monetary policy in pursuit of maximum employment, stable prices, and moderate long-term interest rates - supervising and regulating banking institutions - maintaining the stability of the financial system and containing systemic risk - providing financial services to depository institutions, the U.S. government, and foreign official institutions, including playing a major role in operating the nations payments system.
???? Look after the stability of the currency and the normal functioning of the internal and external payment systems. Regulating the amount of currency and credit in circulation, the performance of credit transactions and foreign exchange, as well as the issuance of regulatory provisions regarding monetary, credit, financing and foreign exchange matters.
???????? Issue currency in Malaysia and to keep reserves safeguarding the value of the currency (b)to act as a banker and a financial adviser to the Government (c)to promote monetary stability and a sound financial structure to promote the reliable, efficient and smooth operation of national payment and settlement systems and to ensure that the national payment and settlement systems policy is directed to the advantage of Malaysia.
11
?????????????????????? (Sovereign-wealth fund)

• Traditionally governments have held investment
  assets (a type that could be liquidated
  easilyinitially the holdings were in precious
  metals, lately they have been in dollars) to
  protect domestic currencies and banks from
  crisis.
• Recently, central bankers have also begun
  wondering whether they have a fiduciary duty to
  make higher returns from the public wealth under
  their supervision, which could mean placing at
  least some part of foreign-exchange reserves in
  high-yielding, if less liquid, investments.
• In Asia this question has become increasingly
  pertinent in the past two years, as reserves have
  mushroomed.

12
Sovereign-Wealth Fund
? ?????? 2550 ???????????????? 2.5
???????????????????? ?????? Hedge Fund
?????????? 1.6 ????????????????????
13
3. ????????????????????????????????? ???.
14
????????????????????????????????? ???.
?????????? ???.

• ??????????????????????????????????????????????????
  ?????????? ????????????????????????????????????

• ???????????????????

• ??????????????????????????????????????????????????
  ?????? (???.) ????????????????????????????????????
  ??????? ???????????

• ??????????????????????

• ??????????????????????????????????????

• ???????????????????????

• ??????????????????????????????????????????????????
  ????????? ????????????? ???????

• MPC ? MEPC

• ??????????????????????????????????????????????????
  ??????????????????????????? ???. ???????????????

• ?????????????????????????????????

15
????????????????????????????????? ???.
????????? ???.

• ??????????????????????????????????????????????????
  ?

• ??????????????????????

• ??????????????????????????????????????????????????
  ??????????????????????????????????????????????????
  ????? (?????????????????????) ???????????
  ???????????????????????????????????
  ??????????????????????????????????????????????????
  ????????????????????? ??????????????????/?????????
  ??????????????????????????????????????????????????
  ??????????? ??????????????????????????????????????
  ??????????? ???????????

• ????????????????????????????

• ????????????????????? (????????????????)

• ???????????????????????

• ??????????????????????????????????????????????????
  ?????????????????????????????????????????????
  ????????????????????????????????????????
  ?????????????? ???.

16
????????????????????????????????? ???.
????????????????? ?. ??????????????? ????????????????? ?. ???????????????
????????????????? ???????????????????? 1,549,877 ???????????????????? ??????????????? 1,549,877
?. ???????????? ?. ????????????
11,910 11,910
????????????? ?????????????
????????????????? ???????????????????? 1,944,409 ???????? ??????? 1,944,409
17
4. ????????????????????????????????????????
18
????????????????????????????????????????
?????????? ???.
??????????????????? (??????)

• ???????????????????

• ??????????????????????

• ???????????????????

• ????????????????????????????

• ????????????????????????? ?????????????

• ????????????????????? (????????????????)

• ???????????????????????

• ???????????????????????

??????????????????????????????????????????????????
???????????????????????????????
19
?????????????????????????????????????????????????
???.
1. ???????????????????????????? ???.
??????????????????????????
??????????????????????????????????????????????????
??
2. ???????????????????????????????????????????????
????????????? ???????????????????????????
??????????????????????????????
3. ???????????????????????????????????????????????
????????????? ???????????????????????????????
??
4. ???????????????????????????????????????
(Creditability) ??????????????????????????????????
???
5. ???????????????????????????????????????????????
??????
????????????????????????????????????
6. ???????????????????????????????????????????????
????????????????? ???????????????????
20
??????????????????????? ???.
??????????????????????????
?????????????????????
- ????????????? - ??????????? -
????????????????? (1.1 ???????????)
- ????????? - ??????????????????????? -
?????????????????? 1) FDI ??? Portfolio
Investment 2) ???????? ??????? -
???????????????????? - ?????????????????????
??????????????????? ???????????????????????
????????????????????? ????????????????????????????
??????????
???????? ???. ????????????????????????????????????
????????????????????????????????????????? RP
???????????????????????????????????????? SWAP
(3.2 ??????????)
???.
????????????????? (35-40 ???????????????????)
??????????????????????
(?????????????????????????)
- ???????????????????? - ?????????????????????
??????? ??? 1.4 ???????
?????????? 1.4 ???????????
21
??????
??. ??????? ??????????? ??????????????????????????
?????? ??????????????????????? ??????????????????
? chodechai_at_fpo.go.th