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

At the forefront of growth and development in Asia and the Pacific

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

Event | 26 - 27 February 2019 ADBI, Tokyo, Japan

This roundtable is a T20 Japan associated event.

Time of event

09:00–18:00

Background

The fast-changing global environment, framed by interest rate hikes by the United States Federal Reserve, the People’s Republic of China’s economic slowdown, geo-political uncertainty, technological disruption, and aging populations, could cause capital flights from Asia and other financial threats to the region. Asian policymakers continue their efforts to mitigate the destabilizing effects of policy changes emanating from the US, in particular, including the widening interest rate gap between Asia and the US. As a result of these disruptions, Asia is currently experiencing a short-term inflow of capital rather than an outflow.

New and emerging digital technologies such as distributed ledger technology, cloud computing, and artificial intelligence are meanwhile offering faster, more convenient, and cost-effective financial services. On the one hand, new financial products and business models are targeting previously excluded market segments like financially vulnerable groups in developing countries while offering higher returns to institutional investors. At the same time, technologically-driven financial innovation may negatively impact the financial market in the longer term. Historically, some market innovations changed the nature of competition and brought unintended consequences.

In addition, those Asian economies with rapidly aging populations face growing social welfare pressures, difficulty catching up with technological advancement, and financial security and longevity risk. All these factors pose challenges to Asia’s policymakers in designing timely and effective monetary and fiscal policy frameworks to maintain economic growth and stability.

The Roundtable on Capital Market and Financial Reform in Asia, established by ADBI and OECD in 1999 as a response to the Asian financial crisis, is an annual forum for discussion among capital and financial market regulators, policymakers, experts, practitioners, scholars, and international organizations on issues related to capital market and financial reform in Asia. This year’s roundtable will discuss pressing issues in capital flows and capital market development in Asia, financial technology (FinTech) developments and regulatory responses, and financing for responsible, viable, and lifecycle infrastructure investments.

Objectives
  • To promote understanding of the importance of capital market and financial reform in Asia, and thereby support ADBI’s strategic theme of strengthening governance and institutional capacity.
  • To promote good governance policies and practices in financial sector and capital market development in response to the current global economic environment, particularly on issues related to:
  • Recent trends, challenges, and prospects for capital flows of Asian economies
  • Capital market developments in Asia
  • FinTech developments and regulatory responses
  • Responsible, viable, and lifecycle infrastructure investments
Participants
  • 11 government officials from developing countries including Indonesia, Viet Nam, Thailand, Malaysia, the Philippines, Cambodia, the Lao PDR, Myanmar, Bangladesh and Sri Lanka
  • Capital market regulators and authorities, and policy makers in related fields
Output
  • Enhanced dialogue and networking between government agencies, international organizations, and the private sector, promoting capital and financial market development through knowledge-sharing among policymakers and practitioners in the region
  • Financing of responsible infrastructure investments
  • Summary of proceedings and full report of the Roundtable to be jointly developed by ADBI and OECD, including uploading of relevant conference presentations and other materials on the ADBI and OECD websites
How to register

By invitation only

How to get there

Click here.

Partner

Organization for Economic Co-operation and Development (OECD)