The ASEAN CIS Framework is one of the initiatives undertaken by the ASEAN Capital Markets Forum (ACMF) that allows the units of an ASEAN CIS authorized in its Home Jurisdiction to be offered in other Host Jurisdictions under a streamlined authorization process. Participating fund managers in signatory jurisdictions using this framework will have to abide by the “Standards on Qualifying CIS", a set of common requirements designed to ensure that the participating fund managers have the necessary experience and track record in managing retail funds, and funds offered under the framework are regulated and managed based on industry best practices.