Background
On February 9, 2026, a joint meeting was conducted in Bohol, Philippines, involving key ASEAN financial regulatory bodies. This meeting focused on collaboration between the ASEAN Working Committee for Market Development (WC-CMD), the ASEAN Capital Markets Forum (ACMF), and the Philippine Securities and Exchange Commission (PSEC).
Key Participants
The meeting was led by His Excellency Su Sochati, Government Representative and Director General of the Securities and Exchange Regulator of Cambodia (SERC), who also serves as Co-Chair of WC-CMD. It was co-chaired by Dawn Chew, Managing Director of the International Department of the Monetary Authority of Singapore (MAS) and Co-Chair of WC-CMD, along with McJill Bryant Fernandez, Deputy Director General of PSEC and Chair of ACMF representatives. The meeting was facilitated by the Sustainable Finance Institute Asia (SFIA).
Key Provisions or Discussions
- Updating the joint work framework between WC-CMD and ACMF.
- Reviewing the ASEAN Economic Community (AEC) 2026-2030 Strategic Plan.
- Progressing sustainable finance taxonomies and green finance initiatives.
- Updates on working groups including Infrastructure Finance Working Group (IFWG), Sustainable Finance Working Group (SFWG), and Industry Advisory Panel (IAP).
- Enhancing information disclosure working groups.
- Developing the ASEAN Green Exchange Community (AGXC) towards regional sustainability goals.
- Updating the sustainable finance joint work plans for 2026-2027.
- Engaging in ASEAN-Australia dialogue on sustainable finance cooperation.
- Technical assistance considerations from the Asian Development Bank related to sustainable finance initiatives.
Implications for Investors, Businesses, or Compliance
This high-level regional coordination meeting signifies ongoing efforts to harmonize sustainable finance policies across ASEAN markets. Investors and businesses in Cambodia and the wider ASEAN region can expect further alignment on disclosure standards, green finance taxonomies, and infrastructure financing frameworks, which will influence regulatory compliance, investment products, and market practices in the medium to long term.
Official Source
Detailed information is available from the Securities and Exchange Regulator of Cambodia official Facebook post: source.
