Regulatory Alerts2022-10-26
Summary of Amendments to the Guidelines on Issuance of Corporate Bonds and Sukuk to Retail Investors
The regulator issued revised guidelines on 28 October 2022 to update the regulatory framework for the issuance of corporate bonds and sukuk to retail investors. The amendments primarily introduce a new Chapter 24 that establishes specific requirements for ASEAN Sustainability-Linked Bonds and Sukuk. This addition sets out the necessary criteria and provisions governing the issuance of these sustainable financial instruments to retail investors.
SUMMARY OF AMENDMENTS GUIDELINES ON ISSUANCE OF CORPORATE BONDS AND SUKUK TO RETAIL INVESTORS (Issued On 28 October 2022) 1 The following table provides a summary of amendments to the Guidelines on Issuance of Corporate Bonds and Sukuk to Retail Investors which was revised on 28 October 2022. General Amendments Introducing a new chapter on ASEAN Sustainability-Linked Bonds and Sukuk which sets out, among others, the requirements pertaining to the issuance of ASEAN Sustainability-Linked bonds and sukuk. Amendments to Specific Paragraphs Prior to 28 October 2022 Revised on 28 October 2022 Remarks SECTION E: ADDITIONAL REQUIREMENTS FOR ISSUANCE OF SPECIFIC BONDS AND SUKUK Chapter 24: ASEAN SUSTAINABILITY-LINKED BONDS AND SUKUK
- Chapter 24 Insertion of a new chapter which sets out the requirements pertaining to the issuance of ASEAN Sustainability-Linked bonds and sukuk.