SEC releases rules on Asean cross-border investments

By Faye Almazan

Aug 18, 2021 12:33 am

The Securities and Exchange Commission (SEC) on Tuesday said it has issued the rules for cross-border investments within the Association of Southeast Asian Nations (Asean), which will allow qualified local investment companies to offer their shares to Malaysia, Singapore and Thailand, and vice versa.

In a statement, the commission said the issuance of new rules will support the implementation of the Asean Collective Investment Schemes (CIS) Framework.

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