SEC secretary in 10 ASEAN countries Discuss the plan to build a sustainable capital market “Ruenwadee” and discuss the development of digital assets
On March 28, 2022, Ms. Ruenwadee Suwanmongkol, Secretary-General of the Office of the Securities and Exchange Commission (SEC), together with SEC executives attended the meeting of ASEAN Capital Market Regulatory Agency (ACMF), secretariat level. 36th time
which is hosted by the Capital Market Regulatory Authority of the Kingdom of Cambodia with the highest-level executives of the Capital Market Regulatory Authority in ASEAN Representatives from the Asian Development Bank (ADB) and the ASEAN Secretariat attend the meeting To discuss the policy direction and drive the ACMF’s operations under the 5-year action plan leading to sustainable capital market development. Facilitating equal access and helping recover from the impact of covid-19 on March 17, 2022
At this meeting, the meeting congratulated on the success in the preparation of the ASEAN Taxonomy Standards and Criteria No. 1 by the ASEAN Taxonomy Board, represented by representatives of the ASEAN Taxonomy Board. from various departments in the financial sector including representatives from ACMF
The aforementioned ASEAN Taxonomy was published in November 2021 and will collect opinions from stakeholders in ASEAN capital markets as information and guideline for the development of ASEAN Taxonomy in the future.
The meeting also agreed on key operational guidelines that will help promote sustainable capital market development. Passed the preparation of the ASEAN sustainability-linked bond standard to be completed by 2022 and the development of guidelines for the preparation of the ASEAN sustainable and responsible fund standard (SRFS)
This is a joint operation between the ASEAN Collective Investment Schemes working group chaired by the Thai SEC and the Sustainable Finance Working Group. The SRFS standard is expected to be completed by 2022 as well.
in terms of promoting the exchange of information in the ASEAN capital market The meeting acknowledged the progress of further development of the ACMF website, namely the creation of a comprehensive knowledge center on sustainable finance (knowledge hub) and the creation of a collection, storage and dissemination of information on foreign investment management projects. of ASEAN countries (ASEAN Collective Investment Schemes) to promote and promote cross-border fund offerings
In addition, the meeting acknowledged the success of the project to enhance the potential of personnel in the capital market regulator. It also acknowledges the schedule for the announcement of the ASEAN Corporate Governance Awarding Ceremony, which is expected to be held in September 2022, as well as ways to improve the assessment criteria in the future.
At this meeting, the SEC of Thailand proposed to exchange views on key issues and developments related to digital assets in ASEAN. The meeting has approved and will start the next meeting. Members also expressed their gratitude to ADB for providing support and technical assistance to promote the development of capital markets throughout the ASEAN region. including other agencies involved in joint actions to support the development of ASEAN capital markets for sustainability
