The ASEAN Capital Markets Forum (ACMF) is a high-level grouping of capital market regulators from all 10 ASEAN jurisdictions, namely Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam.
Established in 2004 under the auspices of the ASEAN Finance Ministers, the primary responsibility of the ACMF is to develop a deep, liquid and integrated regional capital market.
Recognising the differing levels of development of member states, ACMF adopts a pragmatic approach in implementing its capital market initiatives whereby member countries opt-in to join the initiatives based on their market readiness.
The ACMF meets twice a year, and is currently chaired by Securities and Exchange Commission Thailand.
Implementation Plan 2009-2015
The ACMF Implementation Plan 2009-2015 was developed to provide a clear roadmap to introduce initiatives that can facilitate cross-border offering of capital market products and services within the region, as well as to encourage greater intra-regional fundraising and investments.
ACMF Action Plan 2016-2020
To guide ACMF as it embarks on the next phase of the integration agenda post-2015, the ACMF Vision 2025 of being an inter-connected, inclusive and resilient ASEAN capital market was coined.
The ACMF Vision 2025 is to support the AEC Vision 2025 for the ASEAN Economic Community to be “highly integrated and cohesive; competitive, innovative and dynamic; with enhanced connectivity and sectoral cooperation; and a more resilient, inclusive, and people-oriented, people-centred community, integrated with the global economy”.
ACMF Vision 2025 will be realised in 2 phases over a 10-year period to enable a more targeted approach whilst retaining flexibility to re-evaluate ACMF’s priorities against prevailing market conditions.