AFDC hosts 2014 Asia Pacific Forum on Financial Inclusion
Shanghai, 19 March 2014 - The 2014 Asia Pacific Forum on Financial Inclusion takes place in Shanghai, China for the second time from 19-20 March at the Shanghai National Accounting Institute. The Forum brings together over 70 participants including a wide range of stakeholders such as representatives from the public and private sectors, including financial regulators and policy makers, multilateral institutions, financial institutions and related market players, microfinance institutions, financial inclusion experts, industry organizations and private foundations. discuss policy issues impacting financial inclusion in the region focusing on the experiences of 6 economies including China, India, the Philippines, Indonesia, Peru and Thailand.
With a theme “Realizing Financial Inclusion in Asia: Achievements and Challenges”, the Forum is jointly organized by the Asia-Pacific Economic Cooperation Business Advisory Council (ABAC), Asian Development Bank Institute (ADBI), Asia Pacific Finance and Development Centre (AFDC), APEC China 2014, and the Foundation for Development Cooperation (FDC), with sponsorship by the Citi Foundation. The Forum provides an opportunity for stakeholders to review the current trends, recent achievements, ongoing challenges and opportunities relative to financial inclusion in the region. By providing this platform for high-level dialogue amongst policy makers and regulators across the region, the Forum aims to strengthen their capacity as well as provide priority recommendations for policy related issues impacting financial inclusion.
The Asia-Pacific Forum on Financial Inclusion has been hosted annually since 2010, following the successful holding of a Forum in Sapporo, Japan and the endorsement of its regular convening by the APEC Finance Ministers at their 2010 annual meeting in Kyoto, Japan. The Forum is a policy initiative under the APEC Finance Ministers' Process that has been entrusted to the APEC Business Advisory Council (ABAC).
After the Forum a report will be published to summarize the discussions and highlight key policy recommendations. This report, which will be made available to the public, will be disseminated widely and also be presented to the APEC Finance Ministers at their annual meeting for their consideration.
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