Thailand allows foreign currency structured product issuance

Revision one of several set to boost local market participation

Bangkok, Thailand

Thailand's Securities and Exchange Commission (SEC) is poised to allow foreign currency structured notes to be offered onshore in Thailand as part of a package of rule revisions that are expected to increase participation from foreign investors and allow for more product innovation, say structured product issuers.

In a notice issued on August 14, the SEC's Capital Market Supervisory Board announced it had approved the streamlining of structured notes regulations to boost flexibility and clarity.

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