Bangkok--20 Jan--SEC
The SEC is seeking public comment on draft rules on cross-border offering of ASEAN collective investment schemes (ASEAN CIS) to retail investors. This will provide a complete set of ASEAN CIS cross-border offering rule when compiled with those previously put into effect for non-retail investors offering in order for more convenience and effectiveness . The proposed drat rules are based on the ASEAN Capital Markets Forum (ACMF)’s implementation plan, the ASEAN CIS framework, and the common standards covering qualifications of the cross-border funds, qualifications of management companies and fund supervisors, local representatives, prospectus, etc.
The consultation paper is available on the SEC website at www.sec.or.th. Stakeholders and interested parties are welcome to submit comments through the website, or facsimile number at 0-2263-6484 or email address at
[email protected] until
January 22, 2014.