Regulatory Alerts2023-10-03
Handbook for Cross-border Offerings of ASEAN Sustainable and Responsible Funds under ASEAN CIS Framework
The ASEAN Capital Markets Forum issued this handbook to guide market participants on the streamlined 'green lane' procedures for cross-border distribution of sustainable and responsible funds under the ASEAN CIS Framework. It mandates that Collective Investment Scheme operators obtain prior approval from their Home Regulator for compliance with ASEAN Sustainable and Responsible Fund Standards before applying to Host Regulators for market access. The document further details ongoing notification obligations and specific national disclosure requirements for sustainability-related information across signatory jurisdictions including Malaysia, the Philippines, Singapore, and Thailand.
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