You are using an outdated browser and your browsing experience will not be optimal. Please update to the latest version of Microsoft Edge, Google Chrome or Mozilla Firefox. Install Microsoft Edge

April 20, 2016

Lex Mundi Guide: ASEAN Regulations for Cross-Border Security Offerings

Lex Mundi

The ASEAN Regulations for Cross-Border Security Offerings guide, published by Lex Mundi, provides an overview of the regulations applicable to cross-border offerings of securities within ASEAN member states. The Thailand and Vietnam chapters of the guide, written by Kobkit Thienpreecha and Vinh Quoc Nguyen of Tilleke & Gibbins, cover the following topics:

Thailand

  • Regulatory Bodies: The Securities and Exchange Commission (SEC) and the Stock Exchange of Thailand
  • Securities Offerings and Requirements: Foreign shares and exemptions
  • Foreign Debentures: Government bonds and corporate bonds
  • Foreign Collective Investment Scheme: Offering for sale shares in a foreign investment company
  • Marketing of Securities: Requirements of SEC approval, filing, and report of result of sale; definition of “offering for sale to the public;” and practical exemptions

Vietnam

  • Regulatory Bodies: The State Securities Commission of Vietnam, Ho Chi Minh Stock Exchange, and Hanoi Stock Exchange
  • Securities Offerings and Requirements: Offering shares to the public by a joint-stock company compared to listing shares of such a company on a stock exchange; and foreign issuer requirements
  • Marketing of Securities: General rules for domestic issuers and foreign issuers
  • Legends and Disclosure Requirements: Certificate for Public Securities Offering

Lex Mundi is the world’s leading network of independent law firms with in-depth experience in 100 countries worldwide.

Related Professionals

RELATED INSIGHTS​