Thailand allows foreign currency structured product issuance

Revision one of several set to boost local market participation

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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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