The ASEAN Finance and Central Bank Deputies Working Group Meeting (AFCDM-WG) was renamed in 2015 reflecting the adoption of new names of subsidiary body of the ASEAN Finance and Central Bank Deputies Meeting (AFCDM).

The AFCDM-WG is a senior-level body of Director General-level officials of the ASEAN finance ministries, central banks and monetary authorities that shall serve as a recommendatory body on all aspects of ASEAN finance and central bank cooperation, guided by the AFCDM.

The AFCDM-WG shall support the AFCDM by providing recommendations on matters elevated by the WCs/WGs under its purview and guidance on various initiatives and activities to support financial integration, financial inclusion and financial stability towards AEC 2025.

The AFCDM-WG is comprised of senior officials from the finance ministries, central banks, monetary authorities, or their designated representatives authorized by the AMS to make decisions on all matters under their purview.

It is currently co-chaired by the Ministry Of Finance of the Lao PDR; and the Bank of the Lao PDR.