Regional : Promoting an Interconnected, Inclusive, and Resilient Association of Southeast Asian Nations Capital Market
Project Details
-
Project Officer
Rosenkranz, Peter C.
Sectors Group
Request for information -
Country/Economy
Regional -
Sector
- Finance
| Project Name | Promoting an Interconnected, Inclusive, and Resilient Association of Southeast Asian Nations Capital Market | ||||||||
| Project Number | 53169-001 | ||||||||
| Country / Economy | Regional Brunei Darussalam Cambodia Indonesia Lao People's Democratic Republic Malaysia Myanmar Philippines Singapore Thailand Viet Nam |
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| Project Status | Active | ||||||||
| Project Type / Modality of Assistance | Technical Assistance |
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| Source of Funding / Amount |
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| Operational Priorities | OP1: Addressing remaining poverty and reducing inequalities OP2: Accelerating progress in gender equality OP3: Tackling climate change, building climate and disaster resilience, and enhancing environmental sustainability OP6: Strengthening governance and institutional capacity OP7: Fostering regional cooperation and integration |
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| Sector / Subsector | Finance / Money and capital markets |
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| Gender | Some gender elements | ||||||||
| Description | |||||||||
| Project Rationale and Linkage to Country/Regional Strategy | |||||||||
| Impact | Interconnected, inclusive, and resilient ASEAN capital markets achieved |
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| Project Outcome | |
|---|---|
| Description of Outcome | Number of cross-border capital market activities in ASEAN countries increased. |
| Progress Toward Outcome | |
| Implementation Progress | |
| Description of Project Outputs | ASEAN asset classes and investor participation promoted Regulatory capacity and regulatory cohesiveness strengthened Stakeholder interaction, cooperation, and coordination deepened |
| Status of Implementation Progress (Outputs, Activities, and Issues) | Under output 1, the ACMF Roadmap has been finalized. The preparation of the ACGS 2019 is currently being drafted and the mapping exercise on the current green finance-related initiatives and preparation of the thematic reports series are ongoing. Under output 2, the gap assessment and development of a tool kit to prepare Cambodia, Lao PDR, and the Philippines to become signatories of the IOSCO MMoU. Under output 3, the TA financed the ACMF website hosting for Jan-Jun 2020 and supported the preparation of the ACMF Action Plan. As of 25 Mar 2021, $692,354 has been committed (46% of the total TA amount), $238,240 disbursed (34% of the committed amount), and $807,646 uncommitted TA amount (54% of the total TA amount). |
| Geographical Location | Brunei Darussalam - Brunei; Cambodia - Nation-wide, Cambodia; Indonesia - Nation-wide, Indonesia; Lao People's Democratic Republic - Nation-wide, Laos; Malaysia - Nation-wide, Malaysia, Malaysia, Malaysia, Malaysia, Malaysia; Myanmar - Nation-wide, Myanmar; Philippines - Nation-wide, Philippines; Singapore - Nation-wide, Singapore; Thailand - Nation-wide, Thailand, Thailand; Viet Nam - Nation-wide, Vietnam |
| Summary of Environmental and Social Aspects | |
|---|---|
| Environmental Aspects | |
| Involuntary Resettlement | |
| Indigenous Peoples | |
| Stakeholder Communication, Participation, and Consultation | |
| During Project Design | |
| During Project Implementation | |
| Responsible ADB Officer | Rosenkranz, Peter C. |
| Responsible ADB Department | Sectors Group |
| Responsible ADB Division | Finance Sector Office (SG-FIN) |
| Executing Agencies |
Asian Development Bank |
| Timetable | |
|---|---|
| Concept Clearance | 05 Aug 2019 |
| Fact Finding | 15 Jul 2019 to 19 Jul 2019 |
| MRM | - |
| Approval | 18 Dec 2019 |
| Last Review Mission | - |
| Last PDS Update | 31 Mar 2021 |
TA 9924-REG
| Milestones | |||||
|---|---|---|---|---|---|
| Approval | Signing Date | Effectivity Date | Closing | ||
| Original | Revised | Actual | |||
| 18 Dec 2019 | - | 18 Dec 2019 | 31 Dec 2021 | 31 Dec 2023 | - |
| Financing Plan/TA Utilization | Cumulative Disbursements | |||||||
|---|---|---|---|---|---|---|---|---|
| ADB | Cofinancing | Counterpart | Total | Date | Amount | |||
| Gov | Beneficiaries | Project Sponsor | Others | |||||
| 0.00 | 1,750,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1,750,000.00 | 09 Sep 2023 | 1,310,220.04 |
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| Title | Document Type | Document Date |
|---|---|---|
| Promoting an Interconnected, Inclusive, and Resilient Association of Southeast Asian Nations Capital Market: ASEAN Corporate Governance 2019 Awards | Documents Produced Under Grant/Loans/TA | Dec 2020 |
| Promoting an Interconnected, Inclusive, and Resilient Association of Southeast Asian Nations Capital Market: Technical Assistance Report | Technical Assistance Reports | Dec 2019 |
Safeguard Documents See also: Safeguards
Safeguard documents provided at the time of project/facility approval may also be found in the list of linked documents provided with the Report and Recommendation of the President.
None currently available.
Evaluation Documents See also: Independent Evaluation
None currently available.
Related Publications
| Title | Document Type | Document Date |
|---|---|---|
| ASEAN Corporate Governance Scorecard Country Reports and Assessments 2019 | Reports | Oct 2021 |
The Access to Information Policy (AIP) establishes the disclosure requirements for documents and information ADB produces or requires to be produced in its operations to facilitate stakeholder participation in ADB's decision-making. For more information, refer to the Safeguard Policy Statement, Operations Manual F1, and Operations Manual L3.
Requests for information may also be directed to the InfoUnit.
Tenders
| Tender Title | Type | Status | Posting Date | Deadline |
|---|---|---|---|---|
| International Capital Market Expert | Individual - Consulting | Closed | ||
| International Finance Expert (Engagement 4: Primary data collection for Plus Standards development and verification of the Plus Standard) | Individual - Consulting | Closed | ||
| ASEAN Capital Markets Forum (ACMF) Action Plan 2021 – 2025 | Individual - Consulting | Closed |
Contracts Awarded
| Contract Title | Approval Number | Contract Date | Contractor | Address | Executing Agency | Total Contract Amount (US$) | Contract Amount Financed by ADB (US$) |
|---|---|---|---|---|---|---|
| Capacity Development | Technical Assistance 9924 | 28 Jan 2021 | Climate Bonds Initiative (UNITED KINGDOM) | 72 Muswell Hill Place, London N103RR United Kingdom | Asian Development Bank | 400,000.00 | — |
Procurement Plan
None currently available.