Draft 14723March 2017
Input from BI/SC MAL/MAS
THE THIRD ASEAN FINANCE MINISTERS’AND
CENTRAL BANK GOVERNORS’JOINT MEETING (3RDAFMGM)
7 April 2017, Cebu, the Philippines
PROVISIONAL ANNOTATED AGENDA
INTRODUCTION
AGENDA ITEM 1:ADOPTION OF AGENDA
The Meeting may wish to adopt the agenda.
AGENDA ITEM 2:BUSINESS ARRANGEMENTS
The Meeting may wish to be briefed by the Philippines on the business arrangements.
AGENDA ITEM 3:BRIEFINGS BY INTERNATIONAL FINANCIAL INSTITUTIONS
The Meeting may wish to be briefed by the International Monetary Fund on the global economic developments and outlook.
The Meeting may wish to be briefed by the ASEAN+3 Macroeconomic Research Office on the ASEAN’s regional economic developments and outlook.
The Meeting may wish to be briefed by the Asian Development Bank on the regional economic integration in ASEAN.
The Meeting may wish to be briefed by the World Bank on thematic economic issues relative to the global economy.
AGENDA ITEM 4:PROGRESS OF ASEAN ECONOMIC COMMUNITY (AEC) BLUEPRINT
The Meeting may wish to be briefed by the ASEAN Secretariat on the recent developments on the AEC Blueprint 2025.
AGENDA ITEM 5:PROGRESS OF ROADMAP FOR MONETARY AND FINANCIAL INTEGRATION OF ASEAN (RIA-Fin)
The Meeting may wish to be briefed by theCo-Chairs of the ASEAN Finance and Central Bank Deputies’ Meeting (AFCDM)on the progress of ASEAN Financial Integration, including the work plan for FY 2017-2018.
5.1Capital Account Liberalisation (CAL)
5.2Capital Market Development (CMD)
5.3Financial Services Liberalisation (FSL)
5.4ASEAN Banking Integration Framework (ABIF)
5.5Payment and Settlement Systems (PSS)
5.6Financial Inclusion (FINC)[D1]
The Meeting may also wish to be briefed by the Co-Chairs of the AFCDM on the progress in implementingof the ASEAN Capital Markets Forum (ACMF) efforts in implementing the Action Plan 2016 – 2020.
AGENDA ITEM 6:PROGRESS OF OTHER INITIATIVES UNDER THE ASEAN FINANCE MINISTERS’ AND CENTRAL BANK GOVERNORS’ PROCESS
The Meeting may wish to be briefed by the Co-Chairs of the AFCDM on the progress of various initiatives including its future work plan.
6.1 Senior Level Committee (SLC) on ASEAN Financial Integration
6.1 ASEAN Banking Integration Framework (ABIF)
The Meeting may wish to be briefed by the Co-Chairs of the AFCDM on the progress of the SLC, including the proposed KPIs for Financial Integration 2025 and the capacity building initiatives under the Steering Committee for Capacity Building to support ASEAN Financial Integration.
6.2 ASEAN Insurance Forum (AIFo)
6.3 Financial Inclusion (FINC)
6.4 Payment and Settlement Systems (PSS)
6.5 Senior Level Committee (SLC) on ASEAN Financial Integration
The Meeting may wish to be briefed by the Co-Chairs of the AFCDM on the progress of the AIFo, including the draft Roadmap for the ASEAN Insurance Integration Framework.
AGENDA ITEM 7:PROGRESS OF ASEAN+3 FINANCE COOPERATION
The Meeting may wish to be briefed bythe Philippines as the Co-Chair of the ASEAN+3 Finance and Central Bank Deputies’ Meetingon the progress of
7.1ASEAN+3 Macroeconomic Research Office (AMRO)
7.2Chiang Mai Initiative Multilateralisation (CMIM)
7.3Asian Bond Market Initiatives (ABMI)
AGENDA ITEM 8:OTHER MATTERS
8.1Update on G20
The Meeting may wish to be briefed by Indonesiaon the outcomes of the recent G20 Finance Ministers’and Central Bank Governors’Meeting heldon 17-18March 2017in Germany.
8.2Annex 1 of the ASEAN Charter
The Meeting may wish to endorse the incorporation of the existing and newly established Finance Sectoral Ministerial Bodies and their subsidiary bodies into Annex 1 of the ASEAN Charter.
8.32Update on the International Monetary Fund and the World Bank Group (IMF-WB) Annual Meeting
The Meeting may wish to be briefed by Indonesia on the upcoming IMF-WB Annual Meeting 2018 in Bali to be held on 12-14 October 2018.
8.3Annex 1 of the ASEAN Charter
The Meeting may wish to endorse the incorporation of the existing and newly established Finance Sectoral Ministerial Bodies and their subsidiary bodies into Annex 1 of the ASEAN Charter.
AGENDA ITEM 9:JOINT STATEMENT
The Meeting may wish tofinalise the draft of the Joint Statement of the ASEAN Finance Ministers’ and Central Bank Governors’ Meeting.
AGENDA ITEM 10:DATE AND VENUE OF THE NEXT MEETING
The Meeting may wish to be briefed by Singapore on the date and venue for the next Meeting.
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1
[D1]MAS suggested to move to Agenda 6, sought clarity whether these three are part of RIA-Fin process.