OECD-ADBI Roundtable on Capital Market and Financial Reform in Asia | Asian Development Bank

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OECD-ADBI Roundtable on Capital Market and Financial Reform in Asia

Event | 2 - 3 March 2017 ADBI, Tokyo, Japan

Background

In the past decades, many Asian economies experienced solid economic development and served as engines for global growth. Now, though still relatively strong, economic growth is slowing in most Asian economies, external trade is shrinking, international reserves have peaked, advanced economies are struggling with weak growth under ultra-low interest rates, and political uncertainties abound. All these may promote financial flows to Asian economies, but may also build up risks.

Equity and bond markets in some Asian economies have grown considerably over the past few decades yet the degree of development of capital markets varies significantly in the region. The number of companies listed on the recently established stock exchanges and special markets for small and medium-sized companies remains limited. Smaller growth companies continue to face difficulty in tapping capital markets for external finance even in the more developed economies.

Recent advancements in technology can have disruptive effects in the financial industry. Although the level and pace are as yet unclear, financial technology (FinTech) activities are expected to increase the efficiency of financial transactions and lower operating costs dramatically, which may lead to changes in the business model of traditional financial institutions. This may, in turn, benefit customers with better quality and accessibility of financial services.

Meanwhile, the Paris Agreement at COP21 requires all countries to combat climate change. Asian countries in particular face significant challenges in their transition to a clean, low carbon economy. These will entail significant investments in low-carbon emission and climate-resilient infrastructure and facilities.

Since 1999, ADB Institute and OECD have been organizing Capital Market and Financial Reform in Asia, a forum for capital and financial market regulators, policy makers, experts, practitioners, and scholars to discuss issues related to capital market and financial reform in response to the Asian financial crisis.

This year’s roundtable will discuss key issues in capital flows and capital market development in Asia, financial technology (FinTech) developments and regulatory responses, and financing of green infrastructure investment.

Objectives

  • To promote understanding of capital market and financial reform in Asia. Key issues include:
  • capital flows and capital market development in Asia;
  • financial technology (FinTech) developments and regulatory responses; and
  • financing of green infrastructure investment.

Participants

Around 100 participants including government officials from Bangladesh, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, Philippines, Sri Lanka, Thailand, Viet Nam; speakers; and staff of ADBI and OECD.

Participant responsibilities

Actively join discussions and share views and experiences.

Output

  • Promotion of good governance policies and practices relating to:
    • the recent trends, challenges, and prospects for capital flows of the Asian economies;
    • capital market developments in Asia;
    • financial technology (FinTech) developments and regulatory responses; and
    • financing of green infrastructure investment
  • Enhanced dialogue and networking among government agencies, international organizations, and the private sector to promote capital and financial market development; and
  • Summary of proceedings and full report of the Roundtable (jointly developed by ADBI and OECD), including conference presentations and other materials uploaded to ADBI and OECD websites.

How to register

By invitation only.

Language

English

Time of event

09:00 - 18:00