thai-bond-market-disclosure

Thai bond market disclosure

Sir,

I saw your commentary of Sept 13 about  the Thai bond market citing that the quality of disclosure documentaton for bond offerings is generally poor and the regulatory requirements are lax.

As we are directly involved with making the regulations in this area, I would like to clarify that most of the bond offerings that you see are private placements among institutional investors supposedly. These investors should have sufficient ability to protect themselves and demand for full and fair information. Therefore, in most jurisdictions, including Thailand, these offering are exempted from
disclosure rules.

The issue that you commented as having had better disclosure are Shin Satellite, which...


FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at [email protected], or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at [email protected], or +(852) 2122 5222