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Asia-Pacific Central Securities Depository Group (ACG) was formed in 1997 as an informal international organization with the objective to facilitate the exchange of information and to promote mutual assistance among member securities depositories and clearing organizations in the Asia Pacific region. ACG is a regional platform of 34 depositories and clearing organizations from 23 member countries. Today, ACG represents Asia on various international platforms such as World Forum of CSDs (WFC), International Securities Services Association (ISSA), Association of Global Custodians (AGC) and the Committee on Payment and Settlement Systems of the International Organization of Securities Commissions (CPSS-IOSCO).