Indonesia's Financial Services Authority published an update on the ASEAN Capital Markets Forum’s 44th Chairs’ Meeting, hosted by the Securities and Exchange Commission Philippines in Boracay, which kicked off initiatives under the ACMF Action Plan 2026–2030. Chairs approved the 2026 workplans, timelines and budgets of ACMF working groups, formally launched the ACMF Knowledge Network of Supervision and Enforcement Directors, and backed steps to operationalize an ACMF Office, with the Asian Development Bank indicating readiness to engage on potential hosting and support arrangements at its headquarters subject to further agreement and applicable approvals. The Action Plan priorities highlighted include measures to enhance investment connectivity such as introducing “ASEAN Diamonds” as a curated set of well-governed firms, studies on facilitating ASEAN cross-listings and Depositary Receipts, and the creation of ASEAN indices. Sustainable finance work is set to advance through a next phase of the Mitigation co-benefit and Adaptation for Resilience Guide and an ASEAN Code of Conduct for External Verifiers, alongside continued dialogue with the International Sustainability Standards Board on IFRS Sustainability Disclosure Standards. The meeting also created three new working groups covering Enforcement and Supervision, Islamic Finance, and Market Promotions, noted progress on the ASEAN Collective Investment Schemes Framework and the ASEAN Corporate Governance Scorecard, and supported initiatives on financial literacy, ASEAN Taxonomy and transition finance awareness, an ASEAN ESG Challenge for students, and continued engagement with the Asia Green Transformation Consortium’s 2026 workplan with support from the Sustainable Finance Institute Asia. The Knowledge Network is intended to support cross-border supervisory and enforcement cooperation by enabling knowledge exchange, targeted capacity building including on digital asset-related activities, and mechanisms for policy development, early warning and risk monitoring through tracking market developments and facilitating information sharing among regulators.