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OUR PARTNERS - Building Linkages, Leveraging Partnerships
WORKING WITH CENTRAL BANKS AND FELLOW REGULATORS
WORKING WITH INDUSTRY
 
WORKING WITH CENTRAL BANKS AND FELLOW REGULATORS 42
 
Executives' Meeting of East Asia-Pacific Central Banks (EMEAP) 42
 
Third Asian Forum of Insurance Regulators (AFIR) 42
 
Central Bank Information Technology Exchange (CBITX) 42
 
Exchange of Letters with CRBC Pertaining To QDII Business 42
 
Mutual Recognition of Market Professional Examinations with Thailand 42
 
Memorandums of Understanding (MOU) On Supervisory Cooperation 43
 
Box Story 6 - MAS Lecture by Toshihiko Fukui, Governor, Bank of Japan 43
 
Box Story 7 - Economic Society of Singapore (ESS) Annual Dinner 44
 
Participation in International Forums and Initiatives 44
 
Bank for International Settlements 44
 
Continuous Linked Settlement 45
 
International Organisation of Securities Commissions 45
 
International Association of Insurance Supervisors 45
 
Islamic Financial Services Board 45
 
Information Technology Supervisors Group 46
 
Regional Initiatives 46
 
Capital Market Development and Chiang Mai Initiative 46
 
Anti-Money Laundering/ Counter-Terrorism Financing (AML/CFT) 46
 
MAS Regional Banking Supervisors Training Programme 46
 
Regional Leadership Programme for Securities Regulators 46
 

Box Story 7:Economic Society of Singapore (ESS) Annual Dinner

Tharman Shanmugaratanam, Minister for Finance (centre) with Tim Geithner, President and Chief Executive Officer of the Federal Reserve Bank of New York (left), and Terrence J. Checki, Executive Vice President and Head of Emerging Markets, Federal Reserve Bank of New York (right) at the ESS Annual Dinner.

Timothy F. Geithner, President and Chief Executive Officer of the Federal Reserve Bank of New York, delivered the keynote address the Economic Society of Singapore (ESS) Annual Dinner, on 13 June 2007. Mr. Geithner spoke on "Asia, the World Economy and the International Financial System". He discussed the causes of the Asian Financial Crisis and noted how Asia had developed since then. He felt that Asian economies should continue to strengthen their financial systems further in order to build capacity to handle the open-economy challenge of capital flows.

The ESS is a non-profit organisation which brings together economists in academia, government and the private sector. The year 2007 marked the 10th anniversary of the Asian Financial Crisis and the Annual Dinner was a good platform for a timely discussion on the Asian Financial Crisis, Asia's subsequent response to it and the challenges that Asia faces in the current international financial system.

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