The Thailand Securities and Exchange Commission has amended its requirements for debt securities issuers to report significant events, aiming to clarify reporting responsibilities by debt instrument type and reduce potentially redundant reporting while maintaining investor disclosure and data for supervision. The changes took effect on 16 September 2025. The amendments repeal the requirement for crowdfunding debt issuers to report significant events directly to the SEC, on the basis that SEC-supervised funding portals already intermediate between issuers and investors, report significant events to the SEC, and disseminate updates to investors. In addition, debt securities issuers must now report the initiation of a business rehabilitation process only when the court formally accepts a rehabilitation petition for consideration.
Thailand Securities & Exchange Commission 2025-09-17
Thailand Securities and Exchange Commission amends significant event reporting rules for debt securities issuers to remove crowdfunding issuer reports and refine rehabilitation triggers
The Thailand Securities and Exchange Commission has revised reporting requirements for debt securities issuers to enhance clarity and reduce redundancy, effective 16 September 2025. The amendments remove the obligation for crowdfunding debt issuers to report significant events directly to the SEC, as funding portals already fulfill this role. Issuers must report the initiation of a business rehabilitation process only upon court acceptance of a rehabilitation petition.