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The Philippines joins Asean CIS framework

The Philippines joins Asean CIS framework
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Malaysia General , Exchange Commission Philippines , Asean Collective Investment Schemes , Corporate News , Sec Philippines , மலேசியா ஜநரல் , பரிமாற்றம் தரகு பிலிப்பைன்ஸ் , பெருநிறுவன செய்தி ,

Philippines joins Asean Collective Investment Schemes Framework


KUALA LUMPUR: The Securities and Exchange Commission Philippines (SEC Philippines) has been admitted as a new signatory to the Asean Collective Investment Schemes (CIS) Framework, which seeks to enhance capital market connectivity in the region.
In a statement, the Asean Capital Markets Forum said the Asean CIS Framework is an initiative under the regional capital markets integration plan endorsed by the Asean Finance Ministers in 2009 to facilitate cross-border product access and fund distribution for investors and issuers respectively.
The framework enables fund managers operating in a member jurisdiction to offer a CIS constituted and authorised in that jurisdiction to retail investors in other member jurisdictions under a streamlined authorisation process. ....

Kuala Lumpur , Syed Zaid Albar , Asean Capital Markets Forum , Securities Commission Malaysia , Exchange Commission Philippines , Asean Collective Investment Schemes , Asean Finance Ministers , Syed Zaid , குவாலா லம்பூர் , யாசீன் மூலதனம் சந்தைகள் மன்றம் , பத்திரங்கள் தரகு மலேசியா , பரிமாற்றம் தரகு பிலிப்பைன்ஸ் , யாசீன் நிதி அமைச்சர்கள் , சையத் ஸேட் ,

Asean News Headlines as at 8pm on Tuesday (May 11)


People wearing protective masks shop for new clothes ahead of the Eid al-Fitr festival, marking the end of holy fasting month of Ramadan, at Tanah Abang textile market in Jakarta, Indonesia, Tuesday, May 11, 2021. Muslims in Indonesia will be celebrating Aidilfitri this Thursday (May 14). - Reuters
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