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Hawaii 2001: ADB 34th Annual Meeting of the Board of Governors
  9 to 11 May 2001, Hawaii Convention Center, Honolulu, USA
Annual Meeting Home : Seminars: Papers and Presentations : Seminar

HIGHLIGHTS »

Forum on the Implementation of International Financial Standards in Asia
8 May 2001(9:00 a.m.-1:00 p.m.)


(Organized by the Asian Development Bank with the Financial Stability Forum)

Strengthening Financial Systems

The Asian financial crisis highlighted the critical need to increase the soundness and stability of the financial system to address the risks of globalization and integration of weakly regulated and supervised financial system.

The G-7 and other groups, such as the APEC-Finance Minister and Central Bank Group, have mandated international financial institutions (IFIs) to respond to strengthen the financial system. IFIs are reviewing and developing prudential regulatory and supervisory frameworks for different segments of the financial system through

The Financial Stability Forum has highlighted 12 key standards that should be implemented, depending on country circumstances.

Discussion Topics

New international standards related to:

  • Banking
  • Securities market
  • Insurance sector
  • Payment and settlement systems
PROGRAM/SPEAKERS
Time SpeakerPresentation
9:00 - 9:50 Axel Nawrath
Chairman, FSF Follow-up Group on Incentives to Foster Implementation of Standards
Overview

| View Paper |
Stefan Ingves
Director, Monetary and Exchange Affairs Department, IMF
Financial Sector Assessment Program

| View Paper |
Panel Discussion
(SEC Chairpersons)
9:50 - 10:40 Gorand Lind
Advisor to the Governors, Swedish Central Bank
International Standards in Banking

| View Paper 1 | View Paper 2 |
Panel Discussion
(SEC Chairpersons)
Hon. Shaukat Aziz
Minister of Finance, Pakistan

Mr. Rafael Buenaventura
Governor, Central Bank of the Philippines


| View Paper |
10:40 - 10:55 Coffee Break
10:55 - 11:45 Alan Cameron
Former Chairman, Australia Securities and Investments Commission
International Standards in Securities Market

| View Paper |
Panel Discussion

Ms. Lilia Bautista
Chairperson, Securities and Exchange Commission, Philippines

| View Abstract | View Abstract |

Mr. Khalid Mirza
Chairman, Securities and Exchange Commission of Pakistan


11:45 - 12:15 Knut Hohlfeld
Secretary General, International Association of Insurance Supervisors
International Standards in Insurance Sector

| View Abstract | View Paper |
Panel Discussion

Mr. Zakaria bin Ismail
Director, Insurance Regulation, Bank Negara, Malaysia


| View Abstract | View Paper |
12:15 - 12:45 Patrick Parkinson
Associate Director, Division of Research and Statistics, Board of Governors of the US Federal Reserve System
International Standards in Payment and Settlement Systems

| View Paper |
12:45 - 1:00 Concluding Session

Contact Us

For further information, contact Ms. Shamshad Akhtar, tel: (63-2) 632-6167; fax: (63-2) 636-2421; e-mail: sakhtar@adb.org



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