ON THE INTERNATIONAL FRONT
- REGIONAL FORUMS
- Asia Region Funds Passport
- ASEAN Cooperation
- Box 5: Opening of a Representative Office in Beijing
- Executive Meeting of East Asia-Pacific Central Banks
ASIA REGION FUNDS PASSPORT
In September 2013, Singapore, Australia, Korea and New Zealand signed a Statement of Intent to jointly develop the Asia Region Funds Passport (ARFP) to facilitate cross-border offers of funds in the APEC region. In April 2014, the signatories, together with Philippines and Thailand, issued a joint consultation paper on the proposed rules and arrangements that will govern the operation of the ARFP.
Following the consultation, the economies that decide to participate in the ARFP will together work towards the launch of the ARFP in 2016.