and Singapore, and the revised Memorandum of Understanding on the Streamlined Review Framework for ASEAN Common Prospectus to cover issuances of plain debt securities under a debt issuance

This public hearing proposes to revise the qualifications for private funds under the definition of “Institutional Investor.” The proposal would allow private funds to be recognized as institutional investors without requiring to assess the qualifications of the underlying clients for investor classification purposes*. This approach is based on the fact that private funds are managed by licensed securities business operators in the category of private fund management – professionals who po...