Source from (Business Times): http://www.btimes.com.my/Current_News/BTIMES/articles/30EMEAP/Article/
Published: July 01, 2013
Source from (The Star Online): http://www.thestar.com.my/Business/Business-News/2013/07/01/Central-banks-optimistic-on-regions-resilience.aspx
Published: July 01, 2013
"Robust macroeconomic policies and wide-ranging reforms to the financial system and the increasing regional integration reinforce this trend," Bank Negara Malaysia said yesterday.
Bank Negara said 11 EMEAP members participated in the meeting, which was chaired by its governor Tan Sri Dr Zeti Akhtar Aziz.
At the meeting here last Saturday, the central bank governors shared their views on the ongoing uncertainties in the global economic environment, it said.
It discussed the progress made across a wide spectrum of EMEAP activities, including cooperation in the areas of banking supervision, financial markets, payment and settlement systems and information technology.
Governors also discussed the updates from the the Monetary and Financial Stability Committee on its surveillance and research activities.
The statement said the governors had also agreed on the substantive aspects of the regional crisis management framework with further refinements for its finalisation.
At the meeting, the governors accepted the offer from the Bank of Thailand to host the 19th EMEAP Governors' Meeting next year.
EMEAP is a co-operative forum of 11 central banks and monetary authorities in the East Asia and Pacific region comprising the Reserve Bank of Australia, the People's Bank of China, the Hong Kong Monetary Authority, Bank Indonesia, the Bank of Japan, the Bank of Korea, Bank Negara, the Reserve Bank of New Zealand, Bangko Sentral ng Pilipinas, the Monetary Authority of Singapore and the Bank of Thailand. Bernama
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