Sign In
SEC News

SEC streamlines structured notes regulations



Thursday 14 August 2014 | No. 114 / 2014



Bangkok, August 14, 2014 ? Vorapol Socatiyanurak, SEC Secretary-General revealed that the Capital Market Supervisory Board approved the streamlining of structured notes regulations to boost flexibility and clarity.  The revisions include, for instance, allowing issuance of structured notes denominated in Thai and foreign currencies; harmonizing issuers? types and qualifications both in public offering (PO) and private placement (PP); removing a minimum 10 million baht of face value in all cases and a minimum redemption value of 80% of principal in case of PP.  The revised regulations to become effective by Q4/2014 will be more responsive to current circumstances and the Bank of Thailand oversight while enhancing efficiency of fund raising for private sector by issuance of structured notes.