In promoting greater monetary and financial co-operation in Asia, the HKMA contributed to regional initiatives on the development of the bond market and improving monetary and financial stability in the region. The HKMA also undertook detailed research on further strengthening the monitoring of regional issues for discussion at international and regional forums and explored initiatives for Asian financial co-operation in crisis management.
Internationally, the HKMA attended meetings of the
Asia-Pacific Economic Co-operation (APEC) forum, the
Financial Stability Forum and the
Bank for International Settlements. Its contributions at these forums enabled delegates to understand more about monetary and financial issues in Asia and Hong Kong.
The HKMA and the
World Bank co-organised a conference, East Asian Financial Markets: the Next Frontier in Hong Kong, in June 2006 to discuss steps to speed up the development of regional financial markets and promote greater financial integration within Asia. More than 100 representatives from regional central banks, regulatory bodies, international financial institutions and the private sector participated in the conference. |