Thailand to adopt region's cross border securities offering standards
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Securities regulators in Malaysia, Singapore and Thailand have implemented the Asean Disclosure Standards Scheme (Scheme) for multi-jurisdiction offerings of equity and plain debt securities in Asean.
Malaysia, Singapore and Thailand are the first three Asean jurisdictions to implement the Scheme. Other bourses can join when they are ready.
The scheme aims to facilitate fund raising activities as well as to enhance the investment opportunities within Asean capital markets. Issuers offering equity and plain debt securities in multiple jurisdictions within Asean will only need to comply with one single set of disclosure standards for prospectuses, known as the Asean Disclosure Standards, bringing about greater efficiency and cost savings to issuers.
