Asia Regional Integration Center

The first meeting in March 1997 produced a Ministerial Understanding on ASEAN Cooperation in Finance. It provided a framework to enhance cooperation and facilitation in several areas of finance within existing institutional arrangement. The ASEAN Finance Ministers’ Meetings (AFMM) is conducted regularly and assisted by the ASEAN Senior Finance Officials’ Meeting (ASFOM). The activities include exchanging views on macroeconomic policies, improving transparency policies, regulations and rules affecting the financial sector, promoting ASEAN as an efficient and attractive financial and investment region, promoting public-private sector linkages in the area of finance, and developing ASEAN human resource in the area of finance.