In brief
The Securities and Exchange Commission of Thailand (SEC) has amended the requirements for offerings by foreign entities of Baht-denominated bonds (Baht bonds) and foreign-currency-denominated bonds (FX bonds). These revisions aim to enhance protection for investors and market credibility. The changes also mark the transfer from the Ministry of Finance of Thailand (MOF), which until now had the power to grant approval to foreign issuers for issuances of Baht bonds, to the SEC. The amendments came into effect on 1 January 2024.
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