SEC Releases ‘Additional Guidance’ to Support Cross-Border Offerings of ESG Funds

The Securities and Exchange Commission, Thailand, has issued guidance for Hong Kong Management Companies regarding cross-border offerings of ESG Funds under the HK-TH MRF framework. This aims to promote fair competition and sustainable development in both markets.

The Securities and Exchange Commission of Thailand (SEC) has recently released the Additional Guidance on Cross-border Offerings of ESG Funds under the Mutual Recognition of Funds between Hong Kong Special Administrative Region of the People’s Republic of China and Thailand Framework (HK-TH MRF). This guidance aims to assist Hong Kong Management Companies in conducting cross-border offerings of ESG Funds under the HK-TH MRF.

Currently, there is a growing interest in sustainable investing among global investors. Both the Securities and Exchange Commission (SEC) and the Securities and Futures Commission, Hong Kong (SFC),…