The Thailand Securities & Exchange Commission has launched a public consultation on draft amendments to its rules for the issuance and offering of Sustainability-Linked Bonds (SLBs), aiming to increase flexibility and align the framework with international developments while maintaining appropriate investor protection. The proposals would allow SLBs to include a wider range of financial return features linked to the achievement of sustainability-related key performance indicators of the issuer or its affiliates, going beyond the existing approach focused on coupon adjustments and structural characteristics. The SEC also proposes to accommodate SLBs issued as zero-coupon bonds and to update the debt offering registration statement (filing form) and factsheet to reflect these changes. Comments are invited until 14 October 2025.