Bangkok, 24 May 2019 – The SEC is exempting the fees for filing the registration statement for offering of green bonds, social bonds and sustainability bonds to promote investment and fundraising specifically earmarked for environmental protection, social development and sustainability.
SEC
Secretary-General Ruenvadee Suwanmongkol has signed off the Notification of the
SEC Office regarding exemption of fees for filing the registration statement
for offering of three types of debt securities, namely green bond, social bond
and sustainability bond. Issuers of such bonds are entitled for the fee
exemption from 17 May 2019 to 31 May 2020. This relaxation of the filing rules aims
to attract investment and fundraising that prioritize environmental protection,
social development and sustainability, which is another important role of the
capital market in driving forward the sustainability of economic and social
development.
Previously,
the SEC issued the regulations on information disclosure of environmentally
conscious debt offerings, effective since 31 December 2018, and the regulations
on information disclosure of debt offerings for social development (social
bond) and sustainability (sustainability bond), effective since 16 May 2019.
These regulations have incorporated additional provisions and disclosure
procedures to be in line with internationally recognized standards to enhance investor
confidence.
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