November 2019
Foreign Exchange Administration
The ASEAN Economic Community (“AEC”) set for launch in December 2015 will no doubt see a flood of investments from all corners of the globe – adding to those already pouring into the region. The end goal is determined – a uniform set of procedures and regulations that permit the free movement of capital around ASEAN to enhance competitiveness through the creation of a dynamic environment for trade, business and investment activities. In this series we explain the current framework regulating the movement of funds in ASEAN, another aspect of ASEAN’s complex but lucrative business environment.