# SEC Releases ‘Additional Guidance’ to Support Cross-Border Offerings of ESG Funds

- Link: https://www.thailand-business-news.com/markets/116304-sec-releases-additional-guidance-to-support-cross-border-offerings-of-esg-funds
- Published: 2023-12-07T11:53:52+07:00
- Author: SiamNews PR

The Securities and Exchange Commission, Thailand, has issued guidance for Hong Kong
Management Companies regarding cross-border offerings of ESG Funds under the HK-
TH MRF framework. This aims to promote fair competition and sustainable development
in both markets.

[The Securities and Exchange Commission of Thailand (SEC)](https://www.sec.or.th/EN/Pages/Home.aspx)
has recently released the Additional Guidance on Cross-border Offerings of ESG Funds
under the Mutual Recognition of Funds between Hong Kong Special Administrative Region
of the People’s Republic of China and Thailand Framework (HK-TH MRF). This guidance
aims to assist Hong Kong Management Companies in conducting cross-border offerings
of ESG Funds under the HK-TH MRF.

ADVERTISEMENT

Currently, there is a growing interest in sustainable investing among global investors.
Both the Securities and Exchange Commission (SEC) and the [Securities and Futures Commission, Hong Kong (SFC)](https://www.sfc.hk/en/),
recognize the importance of promoting sustainable development in their respective
capital markets.To support this initiative, the SEC has developed Additional Guidance
for disclosing sustainability information for Hong Kong’s ESG Funds.

This guidance aims to facilitate the marketing of such funds in Thailand under the
HK-TH MRF project. Under this project, asset management companies are required to
disclose fund information based on the criteria of the destination country. The 
implementation of this Additional Guidance will ensure that Hong Kong’s ESG Funds
can be offered smoothly in Thailand, aligning with the standards set by the SEC.

### Related**Posts**

###  󠀁[Asian stocks retreat as oil rises above $100 and investors reassess global rate risks](https://www.thailand-business-news.com/markets/333019-asian-stocks-retreat-as-oil-rises-above-100-and-investors-reassess-global-rate-risks)󠁿

###  󠀁[Asian markets hold up despite bond rout as US yields enter a structurally higher regime](https://www.thailand-business-news.com/markets/332037-asian-markets-hold-up-despite-bond-rout-as-us-yields-enter-a-structurally-higher-regime)󠁿

###  󠀁[Local Influences and Return Chasing: Entering a New Era in Emerging Equity Markets](https://www.thailand-business-news.com/markets/329573-local-influences-and-return-chasing-entering-a-new-era-in-emerging-equity-markets)󠁿

###  󠀁[Thailand faces a fresh LNG squeeze as Hormuz crisis pushes prices toward US$28/MMBtu](https://www.thailand-business-news.com/markets/commodities/330458-thailand-faces-a-fresh-lng-squeeze-as-hormuz-crisis-pushes-prices-toward-us28-mmbtu)󠁿

More information on the AdditionalGuidance on Cross-border Offerings of ESG Funds
under the Mutual Recognition of Funds between Hong Kong and Thailand is available
at [HK-TH-MRF
(sec.or.th)
.