The Asia Securities Industry and Financial Markets
Association (Asifma) is releasing standard documentation for
equity capital markets deals to increase market
While organisations such as the Asia-Pacific Loan
Market Association have coordinated standard documentation for
the loan market, there have been few formal efforts in the
equity capital markets. However market participants have
informally agreed standard language for certain documents.
Asifma, which initially focussed on fixed income
but moved into the equity markets in early 2013, is starting to
formalise that process.
Nick Ronalds, managing director of equities...