Asean regulators have received updates on regional standards for sustainability-linked bonds as well as sustainable and responsible funds, the Securities and Exchange Regulator of Cambodia (SERC) said on Wednesday (February 9).
In a virtual meeting chaired by SERC deputy director general Vin Pheakdey from Phnom Penh on Tuesday, deputies from the Asean Capital Markets Forum (ACMF) were also updated on the regional taxonomy for sustainable finance. “The meeting was organized for the purpose of monitoring the progress of the work and endorsing the tasks under ACMF,” the Cambodian regulator said in a statement.
The deputies also discussed Asean collective investment schemes, including harmonized disclosure standards, and corporate governance, notably revised timelines for a regional scorecard and research project updates involving Spain’s IESE Business School. They also discussed collaborating with the Organization for Economic Cooperation and Development (OECD), and professional mobility.
The statement said the meeting attracted 88 participants from all 10 Asean members, the Asian Development Bank, the Asean Secretariat and the Sustainable Finance Institute Asia. Pheakdey is the current head of the ACMF Secretariat.