ASEAN Common Prospectus Framework – How Will This Attract And Influence

In order to maximise the scope of financing options in an interconnected global economy, many companies today require access to regional capital markets, whether they are in the search for new investors in foreign markets or reaching out to existing shareholders located in foreign jurisdictions. Previously, the only regional market where this can be carried out with an integrated and harmonised model is that of the European Union. In this respect, a company offering cross-border securities elsewhere will have to deal with various regulatory burdens with serious criminal and civil consequences upon a failure to comply with any applicable securities regime.

Today, the other comparable regional market in which this can be done is that comprising the member countries of ASEAN. On 2 September 2015, the Monetary Authority of Singapore and Singapore Exchange, together with the Securities Commission of Malaysia and the Securities and Exchange Commission of Thailand, jointly