Clifford Chance
ASEAN CIS Framework - now operational
4 September 2014
On 25 August 2014, the ASEAN Capital Markets Forum (ACMF) announced that the ASEAN CIS Framework (Framework) for cross border offerings of collective investment schemes (CIS) is now operational in Malaysia, Singapore and Thailand (member jurisdictions).
Qualified fund managers are now able to offer CIS' constituted and authorised in their home jurisdiction to retail investors in other member jurisdictions under a streamlined authorisation process.
