International & Regional Financial
The HKMA and the International Financial Community
The establishment of the HKMA has enabled Hong Kong to strengthen its contacts with the international central banking and financial community. These contacts enable the HKMA to
- promote international understanding of, and support for, monetary and banking policies in Hong Kong
- share information with other central banks about financial developments so as to facilitate the proper oversight of financial markets and the prudential supervision of financial institutions
- improve understanding of international economic and financial trends so as to facilitate more effective policy formulation in the HKMA, particularly in monetary management and reserves management
- improve the HKMA's access to the technical expertise available in major central banks and multilateral institutions
- help other central banks and institutions to obtain a better understanding of monetary and general economic developments in Hong Kong and the region.
Participation in International Groupings
Hong Kong is a member of the following international groupings:
- Asian Development Bank (ADB)
- Asia-Pacific Economic Cooperation (APEC)
- Bank for International Settlements (BIS)
- Basel Committee on Banking Supervision (BCBS)
- Executives' Meeting of East Asia and Pacific Central Banks (EMEAP)
- Financial Stability Board (FSB)
- SEANZA (South East Asia, New Zealand and Australia (SEANZA) group of central banks.
Hong Kong also participates in the activities of the World Bank, the International Monetary Fund (IMF), SEACEN (South East Asian Central Banks), Group of Twenty (G20) and other international and regional groupings.
Seminars and Conferences Organised by the HKMA
The HKMA organises training seminars and conferences for central bankers in the region. These activities facilitate the exchange of experience and technical co-operation with other central bankers and international experts in the monetary and banking areas. HKMA staff have also presented papers at international conferences.