Malaysia, Thailand and Singapore propose review mechanism for cross-border stock offerings


Streamlined framework: (from left) The Securities and Exchange Commission of Thailand deputy secretary-general Tipsuda Thavaramara, Securities Commission Chairman Datuk Ranjit Ajit Singh (also the Asean Capital Markets Forum chairman), Monetary Authority of Singapore assistant MD (capital market) Lee Boon Ngiap and Singapore Exchange Ltd CEO Magnus Bocker at the MoU signing to establish the Streamlined Review Framework for Asean Common Prospectus yesterday.

PETALING JAYA: Malaysia, Singapore and Thailand have proposed to develop a review framework to facilitate cross-border equity and stock offerings in the region.

Capital market regulators from the three countries, namely, the Securities Commission of Malaysia (SC), Monetary Authority of Singapore (MAS), Securities and Exchange Commission of Thailand (SEC) and the Singapore Exchange (SGX) had signed entered into memorandum of understanding (MoU) to establish a streamlined review framework for the Asean common prospectus.

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Business , Securities Commission , Asean , MAS , SEC , SGX

   

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