The Asia Region Funds Passport in Thailand: Rules & Registration Procedures
This newsletter discusses the applicable rules and procedures concerning registering and offering in Thailand, as a Host economy, of a cross-border collective investment scheme (“CIS”) established in a foreign jurisdiction via the Asia Region Funds Passport (“ARFP”), a multilateral framework intended to promote the development of a funds management industry in Asia and other signatory economies, i.e. Australia and New Zealand, by way of market access improvements and regulatory harmonization. Thailand signed the ARFP Memorandum of Cooperation (“MOC”) in 2016 (along with Australia, Japan, New Zealand, and the Republic of Korea).
In order to sell a registered ARFP-CIS (“Passport Fund”) within other MOC signatory economies, it must comply with the ARFP criteria (“Passport Rules ”), which define, among other things...To read the full article, please see the PDF file
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Finance Law Newsletter / Asia Newsletter (October 25,2021)(323 KB / 8 pages)
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Yusuke has a wealth of experience in the areas of capital raising by corporations, the formation of investment funds, and investments in investment funds, in transactions of all sizes, both domestically and internationally. In the field of capital raising, he has an extensive and excellent track record in the issuance of shares by financially distressed listed companies. In regard to fund formation and fund investment, he is constantly involved in numerous transactions, and advises not only on the legal aspects of those transactions, but also on market standards. He also provides advice on a wide range of financial regulations, including those in new fields such as fintech. His advice includes providing guidance on registering or filing notifications required for conducting finance-related business, analyzing new finance-related businesses, and establishing/reviewing the internal compliance rules/systems of his clients. Recently, he has become more involved in blockchain- and token-related matters, including not only those in the finance sector, such as fundraising by issuing crypto assets, listing crypto assets on domestic and foreign exchanges, and other crypto asset-related transactions, but also those in areas outside the finance sector.