Financial News from Sri Lanka: The Central Bank of Sri Lanka hosted the South East Asian Central Banks (SEACEN) – Bank for International Settlements (BIS) High-Level Seminar and the 18th Meeting of the SEACEN Executive Committee, in Colombo, from 26 to 28 September 2019. These events were attended by the Governor of the Central Bank of Sri Lanka, Deputy Governors and delegates of SEACEN member central banks and monetary authorities and distinguished speakers.
The theme of this year’s SEACEN-BIS High-Level Seminar was “Thinking Differently about Central Banking”. Under this theme, renowned speakers representing several international institutions including BIS, Federal Reserve Bank of New York, Council on Economic Policies, Asia School of Business, and Sciences Po Paris shared their experiences on how Central Banks may rethink their approaches in tackling new challenges and developments. In this regard, themes of climate change, digitalization, applied critical thinking and inflation targeting were discussed.
SEACEN comprises 19 member central banks and monetary authorities of Brunei Darussalam, Cambodia, China, India, Indonesia, Hong Kong SAR, Korea, Lao PDR, Malaysia, Mongolia, Myanmar, Nepal, Papua New Guinea, Philippines, Singapore, Sri Lanka, Chinese Taipei, Thailand and Vietnam, as well as 8 Associate Members and 8 Observers. Established in 1982, the SEACEN Centre plays a leading role in knowledge sharing and promoting greater understanding in financial, monetary and banking matters in the Asia-Pacific region.