APEC Finance Ministers Launched Cebu Action Plan, September 11, 2015

Finance Ministers of the Asia-Pacific Economic Cooperation (APEC) launched the Cebu Action Plan (CAP), a roadmap for a more sustainable financial future for the Asia-Pacific region, which will be submitted to APEC Economic Leaders.

The CAP has four pillars: (i) promoting financial integration; (ii) advancing fiscal reforms and transparency; (iii) enhancing financial resilience; and (iv) accelerating infrastructure development and financing.

APEC 2015 Philippines official website

2015 APEC Finance Ministers’ Statement (including “APEC Finance Ministers’ Process (FMP) Roadmap/Cebu Action Plan”)

The Asia-Pacific Financial Forum (APFF) submitted its 2015 Progress Report to APEC Finance Ministers, which covers a wide range of topics on the finance sector and describes how the APFF could assist the CAP in promoting long-term sustainable, resilient, and inclusive growth with a public-private collaboration in the Asia Pacific region.

ABAC website
APFF Progress Report Executive Summary (via ABAC website)
APFF Progress Report and Appendices (via ABAC website)

APFF Key Messages:

  • 01 Overview
  • 02 Credit Information Systems
  • 03 Secured Transactions
  • 04 Classic Repo Markets
  • 05 Trade and Supply Chain Finance
  • 06 Insurance and Long-Term Investment
  • 07 Retirement Income
  • 08 Microinsurance
  • 10 Information in Capital Markets
  • 11 Asian Region Funds Passport (ARFP)
  • 12 Financial Market Infrastructure and Cross Border Investment Flows
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