The SEC amended debt securities reporting regulations to clarify responsibilities, easing redundant requirements. Key changes include repealing crowdfunding debt reporting and requiring court acceptance for business rehabilitation notifications.
Bangkok – The Securities and Exchange Commission (SEC) has amended the regulations for reporting significant events of debt securities issuers. The amendments aim to clarify reporting responsibilities and align them with the context of each type of debt securities, thereby reducing the burden of potentially redundant reporting. Investors will continue to receive comprehensive information, and the SEC will retain data in proportion to oversight. The amendments became effective on 16 September 2025.
The amendments contain key points as follows:
(1) Repealing the requirement for crowdfunding debt (CFD) issuers to report significant events to the SEC, as specified in the Notification of the Office of the Securities and Exchange Commission No. Sor Jor. 63/2559 Re: Reporting of Information Disclosure of Debt Securities Issuers After Offer for Sale of Debt Securities, dated 29 December 2016. This repeal is proposed because funding portals operating under SEC supervision already serve as intermediaries between CFD issuers and investors, reporting significant events to the SEC. Additionally, funding portals are responsible for disseminating such information and updating investors on any progress or resolutions;
(2) Requiring debt securities issuers to report the initiation of a business rehabilitation process only upon the court’s formal acceptance of the rehabilitation petition for consideration.
The Notification specifying the above regulations* has been published in the Government Gazette, effective 16 September 2025 onwards.
Source : SEC amends regulations for reporting significant events of debt securities issuers
