HKMA's Yam on East Asian financial markets

In the speech 'East Asian financial markets - The next frontier' given on 22 June Joseph Yam of the Hong Kong Monetary Authority said the successful experience of Asian Bond Fund has laid a strong foundation for enhanced regional cooperation by central banks to promote financial integration in Asia.

"There seem to be at least three aspects in which further development of central bank cooperation may be useful. The first concerns the continuity of the research and discussion processes in the

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