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ASEAN Capital Markets Forum Rolls Out Its New 5-Year Action Plan And Welcomes The Progress On The ASEAN Sustainable Finance Taxonomy

Date 15/03/2021 The ASEAN Capital Markets Forum (ACMF) endorsed the ACMF Action Plan 2021-2025 (“Action Plan”) during its 34 th ACMF Chairs Meeting hosted virtually by Autoriti Monetari Brunei Darussalam. In realising the ACMF Vision 2025, the Action Plan sets out three strategic objectives namely (i) fostering growth and recovery with sustainability, (ii) promoting and sustaining inclusiveness; and (iii) strengthening and maintaining orderliness and resilience. The five key priorities that support the strategic objectives are: (i) driving higher levels of transparency and disclosure, (ii) continuing with regulatory harmonisation, (iii) intensifying capacity building, (iv) amplifying communication and awareness building; and (v) strengthening co-operation and co-ordination. 

3 ways ASEAN can build a stronger future post-pandemic

3 ways ASEAN can build a stronger future post-pandemic (Credit: Unsplash) This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Joo-Ok Lee, Head of International Organizations, World Economic Forum Geneva Before COVID-19, ASEAN was on track to become the fourth-largest economy in the world. Here’s how the region can come together for sustainable, resilient growth. Key priorities include effective cooperation, digital transformation and sustainability. The COVID-19 pandemic has caused prolonged socio-economic disruptions in the ASEAN region, exposing fundamental weaknesses and vulnerabilities in various sectors. Yet with steady measures in countries including Viet Nam and Singapore, coupled with the promise of vaccine rollouts, there is optimism for a speedy recovery.

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