The Hong Kong Financial Authority (HKMA), in collaboration with the ASEAN+3 Macroeconomic Analysis Workplace (AMRO) and the Asian Improvement Financial institution Institute (ADBI), hosted the second Monetary Management Coaching Program in Hong Kong. This occasion, held from August 26 to 29, 2024, noticed participation from over 40 senior representatives from central banks, finance ministries, and associated authorities businesses throughout the ASEAN+3 member economies, together with worldwide organizations.
Enhancing Regional Stability
The coaching program aimed to bolster members’ skills in sustaining regional macroeconomic and monetary stability. It offered a platform for in-depth discussions on important subjects resembling the usage of native currencies, latest market and regulatory developments in inexperienced and sustainable finance, and developments in fintech, synthetic intelligence, and monetary digitalization.
Key Discussions and Outcomes
Throughout this system, attendees engaged with business leaders, regulators, and tutorial figures, sharing insights on urgent regional points. Notably, the discussions coated the newest traits in inexperienced finance and the appliance of fintech improvements, that are more and more related in at present’s monetary panorama.
Mr. Darryl Chan, Deputy Chief Govt of the HKMA, expressed his satisfaction with this system’s success, stating, “We’re delighted to see the continued success of the Monetary Management Coaching Program, which underscores our ongoing dedication to foster sturdy relationships with our Asian counterparts. I sit up for increasing our collaboration with neighboring economies on areas of shared curiosity.”
About AMRO and ADBI
AMRO is a world group devoted to enhancing macroeconomic and monetary resilience and stability throughout the ASEAN+3 area. In the meantime, ADBI, a Tokyo-based suppose tank of the Asian Improvement Financial institution, focuses on coverage analysis, capability constructing, coaching, and outreach to help growing international locations in Asia and the Pacific.
Senior representatives from central banks, finance ministries, and associated authorities businesses of the ASEAN+3 member economies and worldwide organizations attend the Monetary Management Coaching Program from August 26 to 29, 2024.
For extra particulars, go to the Hong Kong Financial Authority.
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