Regulatory Alerts2018-10-08
ASEAN Social Bond Standards
The ASEAN Capital Markets Forum issued the ASEAN Social Bond Standards to establish uniform criteria for social bonds within the region, aligning with the ICMA Social Bond Principles. The framework mandates that eligible issuers and projects demonstrate a geographical or economic connection to ASEAN while excluding activities with negative social impacts such as gambling or tobacco. Issuers are required to adhere to strict guidelines on the use of proceeds, project evaluation, fund management, and continuous public reporting to ensure transparency and investor confidence.
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