This report summarizes the discussions at the BOJ High-Level Workshop held in November 2005 for EMEAP members. It reviews services offered by EMEAP central banks focusing on the areas cash, account, and settlement services.

This is the review of the ABF2 Initiative. The purposes of the review are to assess to what extent the objectives of the Initiative have been met, to document the issues encountered and lessons learnt during the exercise, and to identify further work that needs to be done to develop Asian bond markets.

This report summarizes the discussions at the BOJ High-Level Workshop held in December 2004 for EMEAP central bank members. It reviews bond market developments using data analysis and presents individual central banks' efforts to cultivate bond markets.

This survey has been updated by the EMEAP IT Directors' Meeting (ITDM) in cooperation with the Working Group on Payment and Settlement Systems (September 2004).

Payment Systems in EMEAP Economies (July 2002)

Many emerging markets, including EMEAP economies, are in the process of bolstering their resiliency to liquidity crises. Part of these efforts is the introduction of regulations designed to reduce transactions in the home currency in offshore markets, or the "non-internationalization of the currency". This paper begins with a general examination of the flow of speculative funds at the time of the currency crisis, which is the motivation for new regulation. It then considers both the effectiveness and costs of regulation. (January 2002)

The results of the surveys on foreign exchange settlement practices of commercial banks in the EMEAP region (December 2001)

EMEAP Exchange Rate Regime Study (June 2001)