ASEAN Capital Markets Forum rolls out 5-year Action Plan
The ASEAN Capital Markets Forum (ACMF) endorsed the Action Plan for 2021-2025 during its recent 34th ACMF Chairs Meeting.
At the event (Source: State Securities Commission of Vietnam)According to the ACMF’s release on the meeting, the Action Plan sets out three strategic objectives namely fostering growth and recovery with sustainability; promoting and sustaining inclusiveness; and strengthening and maintaining orderliness and resilience.
The five key priorities that support the strategic objectives are driving higher levels of transparency and disclosure; continuing with regulatory harmonisation; intensifying capacity building; amplifying communication and awareness building; and strengthening cooperation and coordination.
The Action Plan builds on the ACMF Action Plan 2016 – 2020. It was developed with feedback from capital market participants and other stakeholders to ensure that the it is inclusive and relevant, particularly amid the new normal.
It will be presented to the ASEAN Finance Ministers at the ASEAN Finance Ministers Meeting to be held at the end of this March for endorsement.
The 34th ACMF Chairs Meeting hosted virtually on March 15 discussed the progress of the six short-to-medium term focus areas identified in the Roadmap for ASEAN Sustainable Capital Markets.
The ACMF is a high-level grouping of capital market regulators from all ten ASEAN jurisdictions, namely Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam./.
You should also see
Noi Bai, Da Nang named in world’s top 100 airports
Hanoi capital’s Noi Bai International Airport and the Da Nang International Airport in the central city of the same name have been listed among the world’s top 100 airports in 2024 by the UK–based aviation consultancy Skytrax.
See more
World
India’s trade deficit with ASEAN widens
India's trade deficit with the Association of Southeast Asian Nations (ASEAN) has more than doubled since the implementation of the ASEAN-India Trade in Goods Agreement (AITIGA) in 2010.
ASEAN
Forum boosts economic ties among ASEAN, emerging economies, Russia
An economic cooperation forum on fostering ties between ASEAN and emerging economies, and Russia convened in Hanoi on April 12.
Culture - Sports
ASEAN Graphic Arts Competition and Exhibition 2024 to promote friendship
The Department of Fine Arts, Photography and Exhibition under the Ministry of Culture, Sports and Tourism will collaborate with relevant agencies to organise the ASEAN Graphic Arts Competition and Exhibition 2024.
ASEAN
Malaysia issues heatwave alert for 14 areas
The Malaysian Meteorological Department (MetMalaysia) has issued hot weather warnings for 14 areas across the country, particularly in the states of Perlis, Kedah, Kelantan, Sarawak and Sabah.
World
China, Thailand forge alliance for moon exploration
China and Thailand have inked preliminary agreements to collaborate on the peaceful exploration and use of space, as well as on the development of international lunar research stations.
