Bangkok, 3 September 2021 – The Securities and Exchange Commission (SEC) is seeking public comments on the proposed review and amendments to the debt securities regulations according to the regulatory guillotine scheme to improve regulatory standards and consistency with the changing environment. The proposed amendments aim to maintain necessary regulations and effective enforcement, ensure proper investor protection, and facilitate operations of business sectors. This is to enhance efficiency and effectiveness of debt offering supervision.
The public hearing under the regulatory guillotine scheme welcomes comments from the public and stakeholders regarding review and revision to the debt securities regulations. The proposed amendments would not only improve the efficiency of debt offering supervision but also lighten the loads of debt issuers and maintain appropriate protection for investors. For such proposes, the SEC Office is proposing to review the regulations governing debt securities of all types and related notifications. In essence, the proposed amendments to the debt securities regulations concern the followings:
(1) Reducing debt securities notifications to ensure less complicated rules and more convenience for stakeholders;
(2) Reviewing regulations to be up-to-date and consistent with other regulations on other types of securities to prevent excessive burdens on debt issuers;
(3) Revising regulations to be clearer, concise and easy to understand.
The consultation paper is available at https://www.sec.or.th/TH/Pages/PB_LISTVIEW.aspx. Stakeholders and interested parties are welcome to submit comments through the website or email: debt@sec.or.th. The public hearing will end on 1 October 2021.
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