You are using an outdated browser and your browsing experience will not be optimal. Please update to the latest version of Microsoft Edge, Google Chrome or Mozilla Firefox. Install Microsoft Edge

June 27, 2025

DNA: Taking and Enforcing Collateral Security and Guarantees in Southeast Asia

Tilleke & Gibbins has contributed the Cambodia, Thailand, and Vietnam chapters to Taking and Enforcing Collateral Security and Guarantees in Southeast Asia, a comparative guide developed by Drew Network Asia (DNA). The publication examines the legal frameworks governing collateral security and guarantees across seven Southeast Asian jurisdictions and is intended to assist financial institutions, corporate borrowers, and cross-border investors in evaluating secured lending options in the region.

The guide provides a practical overview of key issues relevant to taking and enforcing security interests—covering, among other topics, the types of assets that may be secured, the formalities and registration requirements for creating security, and the rights and procedures available in enforcement scenarios. Each chapter follows a consistent question-and-answer format to allow readers to compare approaches across jurisdictions easily.

While the guide offers a high-level survey of the region’s collateral and guarantee regimes, it also notes that country-specific developments and transaction-specific considerations may affect the applicable requirements. Readers seeking detailed advice are encouraged to consult the lawyers listed at the end of each jurisdictional chapter.

The full guide is available for download using the button below or directly from the DNA website.

RELATED INSIGHTS​ 

February 5, 2019
On January 24, 2019, the Bank of Thailand issued a regulation relaxing the qualifications and operational requirements for international money transfer service providers, with the aim of increasing flexibility for the benefit of consumers, and encouraging participation by new service providers. The new regulation took effect on January 31, 2019.The key amendments are as follows:Foreign Shareholding Restriction
February 4, 2019
The Central Bank of Myanmar (CBM) issued Circular Letter 1/2019 on January 29, 2019, stating that domestic private banks will now be able to accept up to 35% equity investments from foreign banks and financial institutions. The Circular Letter comes into effect immediately.Domestic private banks that wish to accept foreign investments under the circular are required to submit a set of documents to the CBM, including a copy of the mutual agreement describing the equity investment ratio, the terms and conditions of the investment, and others.
December 6, 2018
With Vietnam’s controversial new Law on Cybersecurity set to take effect on January 1, 2019, the protection of personal information has become a very hot topic for Vietnamese and foreign companies and organizations. In the banking sector, where customer information is particularly sensitive, confidentiality has always been a matter of crucial importance.   
September 12, 2018
Thailand’s Payment System Act B.E. 2560 (2017), which came into force in April, 2018, reclassified payment systems and services into three categories—highly important payment systems, designated payment systems, and designated payment services—with subsequent regulations prescribing the systems and services that fall within each category.