Financial Services Business Community Discusses Ways to Enhance Economic Integration
ASEAN needs an efficient integrated capital market in order to sustain its economic growth as it moves closer toward integration in 2015. However, it also faces challenges such as policy and regulation alignment, supervision and dispute resolution that threaten to derail such aspiration.
It is therefore imperative that policy makers to come together in building adequate safeguards while ensuring the benefits are shared by all parties involved. The intention is to achieve significant progress in building a regionally integrated market where companies or governments can raise capital across ASEAN markets, investors are able to invest freely across borders and banks can enter and operate across the region.
On the surface, these stated goals are an excellent objective, though the actual implementation is difficult considering complexities such as multi-currency environment, significant disparity in development standards and disparate fiscal and monetary policies among ASEAN nations.
- The need for a monetary union in creating an efficient integrated capital market
- Creation of an industry-led utility
Chairman, CIMB Group
CEO, DBS Group
Chin Wei Min, Asia-Pacific Managing Director, Capital Markets, Accenture
|Chin Wei Min,
Asia Pacific Managing Director for Capital Market Industry, Accenture
ASEAN Capital Markets Trading Services Lead, Accenture
Capital Markets Researcher, Accenture
Tan Ai Rin,
Financial Services Senior Manager, Accenture
- 6 sectors Prelim Papers
- 6 sectors Presentation Slides
- Plenary Sessions Presentation Slides
- Idea Capsules Presentation Slides
ASEAN Business Club Forum gratefully acknowledges its Partners – See all partners