Creating a Regional Settlement Intermediary in ASEAN+3: Cross-Border Settlement Infrastructure Forum

Since the CSIF, which the TA supports has been a regional discussion platform under the ABMI TF4, consensus among members on subject matters was, and is, essential. To ensure regional consensus, the combination of inducing active participation of the members and engaging close consultation with ASEAN+3 government officials is quite important. In addition, further engagement with the private sector is more desirable, though the preference of the members is still informal and closed. In this regard, ABMF meeting held back-to-back CSIF, is providing an opportunity to create more close engagement between the private and public sector