No Asean pan-regional regulator in near future – panellists

Noritaka Akamatsu
Noritaka Akamatsu at the Risk Asean conference in Kuala Lumpur, Malaysia, on May 24, 2017

The Association of Southeast Asian Nations (Asean) is unlikely to gain a pan-regional regulator any time soon because of the divergent stages of development among the Asean countries, according to Noritaka Akamatsu, a senior adviser at the Asian Development Bank.

Speaking during a panel discussion at the Risk Asean conference in Kuala Lumpur, Malaysia, today (May 24), Akamatsu pointed out that creating a single regulatory framework is a matter of “compromising sovereignty”, which requires a

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