Executives' Meeting of East Asia-Pacific Central Banks (EMEAP)
MAS participates actively in the EMEAP grouping to support regional
financial stability. We facilitated discussions in the area of crisis
management through workshops and meetings. MAS also continued
to chair the Working Group of Payment Systems, focusing on
strengthening risk management, oversight and standards, and best
practices in the area of payment systems.
In May 2008, MAS hosted the EMEAP Deputies' Meeting, where deputy
governors from the 11 EMEAP central banks discussed current issues
impacting regional financial and macroeconomic stability as well as
areas of cooperation.
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