No Asean pan-regional regulator in near future – panellists

Various factors are hampering further integration, speakers say

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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