THE Securities and Exchange Commission (SEC) on Feb. 2, 2023 issued a draft memorandum circular (MC) on the issuance of sustainability-linked bonds (SLB) under the Asean Sustainability-Linked Bond Standards (Asean SLBS) in the Philippines for public comment. This is in connection with the Asean SLBS published by the Asean Capital Markets Forum on Oct. 28, 2022 to facilitate the role sustainability-linked bonds can play in funding companies that contribute to sustainability.
Asean is the Association of Southeast Asian Nations.
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